£312,974
This estimated value is based upon the latest sale price for the house of £65,000 on 2 Mar 1998. 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 |
---|---|
£65,000 | 2 Mar 1998 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 March 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 381.499%.Applying this 381.499% change to the original purchase price of £65,000 results in an estimated price of approximately £312,974.
2 Mar 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 149.7 | 381.499 % | £65,000 | £247,974 | £312,974 |
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 | 438.533 % | £285,046 | £350,046 |
3 Month Average | 338.746 % | £220,184 | £285,184 |
6 Month Average | 359.911 % | £233,941 | £298,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2022 | £454,696 | £455,000 | 60 CECIL ROAD |
24 Nov 2021 | £446,703 | £410,000 | 62 ERIC ROAD |
22 Jul 2020 | £292,357 | £240,000 | 50A ERIC ROAD |
27 Nov 2019 | £469,499 | £380,000 | 76 ERIC ROAD |
16 Aug 2019 | £438,845 | £354,000 | 38 ERIC ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 26 Feb 2014. Using an estimated price of £312,974 means this house is valued at £3,597 per sq meter (£334 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 | Robbery | Under investigation | On or near St Chad'S Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Chad'S Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Supermarket |
Apr 2024 | Theft from the person | Under investigation | On or near Supermarket |
Apr 2024 | Robbery | Under investigation | On or near Supermarket |