£390,785
This estimated value is based upon the latest sale price for the house of £385,000 on 21 Nov 2023. 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 |
---|---|
£385,000 | 21 Nov 2023 |
Terraced |
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 November 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £385,000 results in an estimated price of approximately £390,785.
21 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £385,000 | £5,785 | £390,785 |
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 | -31.687 % | £-121,995 | £263,004 |
3 Month Average | -2.447 % | £-9,422 | £375,577 |
6 Month Average | -13.378 % | £-51,504 | £333,495 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £390,786 | £385,000 | 12 KELLY WAY |
25 Aug 2023 | £403,530 | £400,000 | 4 KELLY WAY |
28 Nov 2022 | £275,167 | £278,500 | FLAT 3 99 MILL LANE |
15 Aug 2022 | £466,744 | £468,000 | 34 MORLEY ROAD |
24 Jun 2022 | £420,949 | £415,000 | 23 MORLEY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Kelly Way | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near The Close |
Jan 2024 | Vehicle crime | Under investigation | On or near Morley Road |
Apr 2024 | Anti-social behaviour | On or near Willow Road | |
Apr 2024 | Anti-social behaviour | On or near Willow Road |