£557,054
This estimated value is based upon the latest sale price for the house of £320,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1124 High Road, Chadwell Heath, Romford, RM6 4AH
Phone: 02081284607
| Price Paid | Date |
|---|---|
| £320,000 | 29 Jul 2011 |
| £95,000 | 19 Feb 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,262 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £320,000 results in an estimated price of approximately £557,054.
| 29 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £320,000 | £237,054 | £557,054 |
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 | 121.793 % | £389,737 | £709,737 |
| 3 Month Average | 69.363 % | £221,962 | £541,962 |
| 6 Month Average | 77.045 % | £246,542 | £566,542 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £626,306 | £612,500 | GROUND FLOOR FLAT 160 HERBERT GARDENS |
| 31 Oct 2022 | £348,835 | £350,000 | 16 BROOMFIELD ROAD |
| 6 Sep 2022 | £249,833 | £250,000 | 16 HIGH ROAD |
| 16 Jun 2022 | £383,191 | £375,000 | 12 DAIRY MEWS |
| 3 May 2022 | £222,805 | £217,000 | 36B HIGH ROAD |
This house has a floor area of 117 sq meters or 1,262 sq feet when measured on 21 Jun 2011. Using an estimated price of £557,055 means this house is valued at £4,748 per sq meter (£441 per sq foot).
The average size of a house on HERBERT GARDENS is 92 sq meters (996 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,262 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens | |
| Apr 2024 | Other theft | Under investigation | On or near Herbert Gardens |
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens |