£462,650
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Mar 2016. 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 |
|---|---|
| £340,000 | 16 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £340,000 results in an estimated price of approximately £462,650.
| 16 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £340,000 | £122,650 | £462,650 |
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 | 53.624 % | £182,320 | £522,320 |
| 3 Month Average | 25.116 % | £85,393 | £425,393 |
| 6 Month Average | 25.404 % | £86,373 | £426,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £412,439 | £405,000 | 144 CHADWELL HEATH LANE |
| 22 Jun 2023 | £489,816 | £480,000 | 32 BEDE ROAD |
| 24 Jan 2023 | £458,224 | £457,000 | 58 BEDE ROAD |
| 3 Nov 2022 | £399,134 | £401,000 | 4 SOMERVILLE ROAD |
| 19 Apr 2022 | £529,085 | £510,000 | 28 BEDE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 19 Jan 2016. Using an estimated price of £462,650 means this house is valued at £6,425 per sq meter (£596 per sq foot).
The average size of a house on SOMERVILLE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Third Avenue |
| Apr 2024 | Anti-social behaviour | On or near Chadwell Heath Lane | |
| Apr 2024 | Robbery | Under investigation | On or near Chadwell Heath Lane |
| Apr 2024 | Anti-social behaviour | On or near Chadwell Heath Lane | |
| Apr 2024 | Anti-social behaviour | On or near Chadwell Heath Lane |