£518,526
This estimated value is based upon the latest sale price for the house of £415,000 on 2 Feb 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 High Road, Chadwell Heath, Romford, RM6 6PX
Phone: 02034630641
| Price Paid | Date |
|---|---|
| £415,000 | 2 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £415,000 results in an estimated price of approximately £518,526.
| 2 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £415,000 | £103,526 | £518,526 |
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 | -0.975 % | £-4,048 | £410,951 |
| 3 Month Average | 14.727 % | £61,116 | £476,116 |
| 6 Month Average | 13.188 % | £54,729 | £469,729 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £223,306 | £220,000 | 3 CHADVIEW COURT |
| 3 Aug 2022 | £391,446 | £392,500 | 10 PARK LANE |
| 4 Feb 2022 | £471,913 | £450,000 | 3 PARK VILLAS |
| 19 Nov 2021 | £479,111 | £443,000 | 14 EDITH ROAD |
| 2 Dec 2020 | £320,212 | £279,000 | 24 PARK LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 17 Mar 2017. Using an estimated price of £518,526 means this house is valued at £6,172 per sq meter (£573 per sq foot).
The average size of a house on NURSERY CLOSE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Nursery Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |
| Feb 2024 | Other theft | Under investigation | On or near Park Lane |
| Mar 2024 | Theft from the person | Under investigation | On or near Edith Road |
| Mar 2024 | Other crime | Under investigation | On or near Edith Road |