£324,411
This estimated value is based upon the latest sale price for the house of £65,000 on 8 Oct 1997. 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 |
|---|---|
| £65,000 | 8 Oct 1997 |
| Terraced |
| 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 399.095%.Applying this 399.095% change to the original purchase price of £65,000 results in an estimated price of approximately £324,411.
| 8 Oct 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 149.7 | 399.095 % | £65,000 | £259,411 | £324,411 |
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 | 494.406 % | £321,363 | £386,363 |
| 3 Month Average | 382.384 % | £248,549 | £313,549 |
| 6 Month Average | 392.536 % | £255,148 | £320,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £286,311 | £280,000 | 118 BILLET ROAD |
| 23 Aug 2023 | £257,647 | £253,000 | 53 REYNOLDS COURT |
| 11 Mar 2022 | £365,377 | £350,000 | 17 PADNALL ROAD |
| 18 Jun 2021 | £351,282 | £325,000 | 12 ARNEWAYS AVENUE |
| 4 Jun 2021 | £345,877 | £320,000 | 4 ETHEL COTTAGES PADNALL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 22 Feb 2014. Using an estimated price of £324,412 means this house is valued at £3,862 per sq meter (£358 per sq foot).
The average size of a house on BILLET ROAD is 93 sq meters (1,006 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Danbury Close |
| Apr 2024 | Anti-social behaviour | On or near Newhouse Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Newhouse Avenue | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Newhouse Avenue |
| Apr 2024 | Anti-social behaviour | On or near Newhouse Avenue |