£418,401
This estimated value is based upon the latest sale price for the house of £243,000 on 23 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £243,000 | 23 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,043 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 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £243,000 results in an estimated price of approximately £418,401.
| 23 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £243,000 | £175,401 | £418,401 |
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 | 137.259 % | £333,539 | £576,539 |
| 3 Month Average | 85.925 % | £208,798 | £451,798 |
| 6 Month Average | 95.886 % | £233,004 | £476,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £462,517 | £458,500 | 29 FARRANCE ROAD |
| 6 Oct 2023 | £532,085 | £520,000 | 11 BURLINGTON GARDENS |
| 25 Aug 2023 | £402,255 | £395,000 | 32 FARRANCE ROAD |
| 19 Jun 2023 | £387,771 | £380,000 | 22 BURLINGTON GARDENS |
| 8 Mar 2023 | £188,142 | £185,000 | 26A BENNETT ROAD |
This house has a floor area of 96 sq meters or 1,043 sq feet when measured on 15 Dec 2011. Using an estimated price of £418,401 means this house is valued at £4,315 per sq meter (£400 per sq foot).
The average size of a house on MERTEN ROAD is 103 sq meters (1,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Burlington Gardens |