£240,705
This estimated value is based upon the latest sale price for the house of £156,600 on 13 Jun 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £156,600 | 13 Jun 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 June 2014 the House Price Index for GREATER LONDON was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £156,600 results in an estimated price of approximately £240,705.
| 13 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.6 | 53.707 % | £156,600 | £84,105 | £240,705 |
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 | 23.597 % | £36,952 | £193,552 |
| 3 Month Average | 53.768 % | £84,200 | £240,800 |
| 6 Month Average | 42.594 % | £66,701 | £223,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £516,958 | £510,000 | 63 CECIL ROAD |
| 15 Sep 2022 | £451,355 | £455,000 | 60 CECIL ROAD |
| 21 Jan 2022 | £431,487 | £410,000 | 23 WOODLANDS AVENUE |
| 24 Nov 2021 | £443,421 | £410,000 | 62 ERIC ROAD |
| 22 Jul 2020 | £290,209 | £240,000 | 50A ERIC ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 27 Jan 2014. Using an estimated price of £240,706 means this house is valued at £5,597 per sq meter (£520 per sq foot).
The average size of a house on ERIC ROAD is 86 sq meters (925 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Chad'S Gardens |
| Feb 2024 | Anti-social behaviour | On or near St Chad'S Gardens | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Chad'S Road |
| Apr 2024 | Robbery | Under investigation | On or near St Chad'S Road |