£426,962
This estimated value is based upon the latest sale price for the house of £342,000 on 25 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £342,000 | 25 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £342,000 results in an estimated price of approximately £426,962.
| 25 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £342,000 | £84,962 | £426,962 |
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 | 38.047 % | £130,119 | £472,119 |
| 3 Month Average | 10.863 % | £37,149 | £379,149 |
| 6 Month Average | 22.617 % | £77,350 | £419,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £450,000 | £450,000 | 216 HIGH ROAD |
| 29 Apr 2024 | £464,030 | £460,000 | 37 WADEVILLE AVENUE |
| 6 Nov 2023 | £420,679 | £410,000 | 23 BENNETT ROAD |
| 31 Oct 2023 | £419,528 | £410,000 | 23 WADEVILLE AVENUE |
| 10 Oct 2023 | £414,412 | £405,000 | 29 BENNETT ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 16 May 2018. Using an estimated price of £426,963 means this house is valued at £4,447 per sq meter (£413 per sq foot).
The average size of a house on BENNETT ROAD is 95 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wadeville Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wadeville Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wadeville Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wadeville Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Wadeville Avenue |