£239,010
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Jun 2004. 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 |
|---|---|
| £120,000 | 28 Jun 2004 |
| £62,995 | 29 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 June 2004 the House Price Index for GREATER LONDON was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £120,000 results in an estimated price of approximately £239,010.
| 28 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £120,000 | £119,010 | £239,010 |
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 | 130.148 % | £156,177 | £276,177 |
| 3 Month Average | 94.441 % | £113,329 | £233,329 |
| 6 Month Average | 107.990 % | £129,587 | £249,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £252,500 | £252,500 | 94 MILLHAVEN CLOSE |
| 8 Mar 2024 | £101,560 | £100,000 | 88 MILLHAVEN CLOSE |
| 12 Oct 2023 | £186,741 | £182,500 | 39 CAPSTAN CLOSE |
| 31 Mar 2023 | £206,448 | £203,000 | 136 MILLHAVEN CLOSE |
| 18 Jan 2023 | £274,132 | £273,400 | FLAT 4 MARVELL COURT QUARLES PARK ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 May 2013. Using an estimated price of £239,010 means this house is valued at £6,128 per sq meter (£569 per sq foot).
The average size of a house on MILLHAVEN CLOSE is 50 sq meters (547 sq feet).