£616,050
This estimated value is based upon the latest sale price for the house of £510,000 on 13 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
| Price Paid | Date |
|---|---|
| £510,000 | 13 Aug 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 154 sq meters or 1,657 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 August 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £510,000 results in an estimated price of approximately £616,050.
| 13 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £510,000 | £106,050 | £616,050 |
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 | -1.235 % | £-6,298 | £503,701 |
| 3 Month Average | 10.886 % | £55,516 | £565,516 |
| 6 Month Average | 12.086 % | £61,638 | £571,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £490,000 | £490,000 | 48 DONALD DRIVE |
| 28 Mar 2024 | £502,724 | £495,000 | 72 DONALD DRIVE |
| 29 Sep 2023 | £199,396 | £195,000 | FLAT 33 ROSEWOOD COURT CHADWELL HEATH LANE |
| 13 May 2022 | £510,294 | £497,000 | 54 DONALD DRIVE |
| 18 Feb 2022 | £242,985 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 4 Feb 2020. Using an estimated price of £616,050 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on ONGAR CLOSE is 167 sq meters (1,797 sq feet).
This house is the largest in the street with a floor area of 154 sq meters (1,657 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Ongar Close |