£445,626
This estimated value is based upon the latest sale price for the house of £285,000 on 19 Dec 2007. 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 |
|---|---|
| £285,000 | 19 Dec 2007 |
| £114,000 | 17 Sep 1999 |
| Semi-Detached |
| Freehold |
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 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £285,000 results in an estimated price of approximately £445,626.
| 19 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £285,000 | £160,626 | £445,626 |
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 | 110.188 % | £314,035 | £599,035 |
| 3 Month Average | 66.512 % | £189,559 | £474,559 |
| 6 Month Average | 71.405 % | £203,502 | £488,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £199,396 | £195,000 | FLAT 33 ROSEWOOD COURT CHADWELL HEATH LANE |
| 15 Jun 2022 | £418,956 | £410,000 | 38 DONALD DRIVE |
| 18 Feb 2022 | £242,985 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
| 18 May 2020 | £513,842 | £417,000 | 274 CHADWELL HEATH LANE |
| 9 Apr 2020 | £541,660 | £438,000 | 41 TENDRING WAY |