£312,993
This estimated value is based upon the latest sale price for the house of £189,000 on 27 Sep 2013. 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 |
|---|---|
| £189,000 | 27 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £189,000 results in an estimated price of approximately £312,993.
| 27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £189,000 | £123,993 | £312,993 |
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 | 131.283 % | £248,124 | £437,124 |
| 3 Month Average | 75.370 % | £142,450 | £331,450 |
| 6 Month Average | 80.463 % | £152,075 | £341,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £237,291 | £230,000 | 20 HUTCHINSON COURT PADNALL ROAD |
| 4 Sep 2023 | £306,762 | £300,000 | 13 CRABTREE AVENUE |
| 21 Aug 2023 | £442,990 | £435,000 | 18 WARREN TERRACE |
| 15 Aug 2023 | £392,071 | £385,000 | 19 CRABTREE AVENUE |
| 19 Apr 2023 | £417,815 | £410,000 | 109 PADNALL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Aug 2013. Using an estimated price of £312,993 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on PADNALL ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Apr 2024 | Public order | Under investigation | On or near Lake Road |