£244,028
This estimated value is based upon the latest sale price for the house of £163,000 on 8 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
| Price Paid | Date |
|---|---|
| £163,000 | 8 Oct 2014 |
| £95,000 | 29 Jan 2004 |
| £25,000 | 26 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £163,000 results in an estimated price of approximately £244,028.
| 8 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £163,000 | £81,028 | £244,028 |
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 | 73.272 % | £119,433 | £282,433 |
| 3 Month Average | 52.623 % | £85,775 | £248,775 |
| 6 Month Average | 40.630 % | £66,227 | £229,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £442,962 | £437,000 | 3 LAWN FARM GROVE |
| 23 Mar 2023 | £429,042 | £425,000 | 12 LAWN FARM GROVE |
| 29 Nov 2022 | £397,189 | £402,000 | 118A THATCHES GROVE |
| 2 Sep 2022 | £411,676 | £415,000 | 53 ROSE LANE |
| 16 Jun 2022 | £456,451 | £450,000 | 17 SHEEPCOTES ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 May 2014. Using an estimated price of £244,028 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on ROSE LANE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lawn Farm Grove |
| Mar 2024 | Anti-social behaviour | On or near Lawn Farm Grove | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lawn Farm Grove |
| Feb 2024 | Vehicle crime | Under investigation | On or near Lawn Farm Grove |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lawn Farm Grove |