£222,915
This estimated value is based upon the latest sale price for the house of £125,000 on 10 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1124 High Road, Chadwell Heath, Romford, RM6 4AH
Phone: 02081284607
| Price Paid | Date |
|---|---|
| £125,000 | 10 Sep 2009 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £125,000 results in an estimated price of approximately £222,915.
| 10 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £125,000 | £97,915 | £222,915 |
The Postcode Pricing Model uses changes in average sales price within the RM6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 54.866 % | £68,582 | £193,582 |
| 3 Month Average | 94.562 % | £118,202 | £243,202 |
| 6 Month Average | 76.718 % | £95,897 | £220,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £620,433 | £612,500 | GROUND FLOOR FLAT 160 HERBERT GARDENS |
| 28 Jul 2023 | £177,387 | £175,000 | 16B BROOMFIELD ROAD |
| 31 Oct 2022 | £346,272 | £350,000 | 16 BROOMFIELD ROAD |
| 6 Sep 2022 | £247,997 | £250,000 | 16 HIGH ROAD |
| 16 Jun 2022 | £380,375 | £375,000 | 12 DAIRY MEWS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 Jan 2020. Using an estimated price of £222,915 means this house is valued at £2,857 per sq meter (£265 per sq foot).
The average size of a house on HERBERT GARDENS is 92 sq meters (996 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Herbert Gardens |
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens | |
| Mar 2024 | Other theft | Under investigation | On or near Herbert Gardens |
| Mar 2024 | Theft from the person | Under investigation | On or near Herbert Gardens |
| Feb 2024 | Robbery | Under investigation | On or near Herbert Gardens |