£492,796
This estimated value is based upon the latest sale price for the house of £417,000 on 23 Oct 2020. 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 |
|---|---|
| £417,000 | 23 Oct 2020 |
| 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £417,000 results in an estimated price of approximately £492,796.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £417,000 | £75,796 | £492,796 |
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 | 32.078 % | £133,765 | £550,765 |
| 3 Month Average | 2.125 % | £8,862 | £425,862 |
| 6 Month Average | 12.624 % | £52,642 | £469,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £412,439 | £405,000 | 144 CHADWELL HEATH LANE |
| 3 Nov 2022 | £399,134 | £401,000 | 4 SOMERVILLE ROAD |
| 21 Dec 2021 | £615,206 | £570,000 | 134 CHADWELL HEATH LANE |
| 28 Sep 2021 | £521,073 | £480,000 | 127 CHADWELL HEATH LANE |
| 4 Nov 2020 | £525,571 | £450,000 | 196 CHADWELL HEATH LANE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Mar 2015. Using an estimated price of £492,797 means this house is valued at £5,866 per sq meter (£545 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Apr 2024 | Other theft | Under investigation | On or near Chadwell Heath Lane |