£310,990
This estimated value is based upon the latest sale price for the house of £182,000 on 27 May 2010. 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 |
|---|---|
| £182,000 | 27 May 2010 |
| £131,500 | 25 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 942 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 May 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £182,000 results in an estimated price of approximately £310,990.
| 27 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £182,000 | £128,990 | £310,990 |
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 | 115.465 % | £210,146 | £392,146 |
| 3 Month Average | 80.095 % | £145,772 | £327,772 |
| 6 Month Average | 88.847 % | £161,702 | £343,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £330,071 | £325,000 | 74 THATCHES GROVE |
| 11 Sep 2023 | £398,791 | £390,000 | 60 ROSE LANE |
| 23 Mar 2023 | £432,218 | £425,000 | 12 LAWN FARM GROVE |
| 18 Jan 2023 | £307,822 | £307,000 | 68 ROSE LANE |
| 29 Nov 2022 | £400,129 | £402,000 | 118A THATCHES GROVE |
This house has a floor area of 87 sq meters or 942 sq feet when measured on 5 Feb 2009. Using an estimated price of £310,990 means this house is valued at £3,550 per sq meter (£329 per sq foot).
The average size of a house on THATCHES GROVE is 85 sq meters (919 sq feet).