£278,851
This estimated value is based upon the latest sale price for the house of £200,000 on 15 Dec 2015. 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 |
---|---|
£200,000 | 15 Dec 2015 |
£139,805 | 21 May 2004 |
£119,000 | 8 Jan 2003 |
£36,000 | 29 May 1998 |
Terraced |
Leasehold |
Floor Area: 48 sq meters or 516 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £200,000 results in an estimated price of approximately £278,851.
15 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £200,000 | £78,851 | £278,851 |
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 | 57.828 % | £115,656 | £315,656 |
3 Month Average | 22.162 % | £44,324 | £244,324 |
6 Month Average | 28.002 % | £56,003 | £256,003 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £2,052 | £2,000 | 1026 HIGH ROAD |
29 Aug 2023 | £437,898 | £430,000 | 1037 - 1039 HIGH ROAD |
8 Sep 2022 | £272,318 | £272,500 | 990 HIGH ROAD |
7 Mar 2022 | £300,653 | £288,000 | 996 HIGH ROAD |
4 Feb 2022 | £295,808 | £280,000 | 982 HIGH ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 4 Mar 2015. Using an estimated price of £278,852 means this house is valued at £5,809 per sq meter (£539 per sq foot).
The average size of a house on HIGH ROAD is 65 sq meters (701 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Manstead Gardens | |
Apr 2024 | Anti-social behaviour | On or near Manstead Gardens | |
Apr 2024 | Anti-social behaviour | On or near Manstead Gardens | |
Apr 2024 | Anti-social behaviour | On or near Manstead Gardens | |
Apr 2024 | Anti-social behaviour | On or near Manstead Gardens |