£481,861
This estimated value is based upon the latest sale price for the house of £465,000 on 24 Mar 2022. 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 |
|---|---|
| £465,000 | 24 Mar 2022 |
| £267,500 | 12 Jul 2011 |
| £186,000 | 20 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £465,000 results in an estimated price of approximately £481,861.
| 24 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £465,000 | £16,861 | £481,861 |
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 | -10.470 % | £-48,685 | £416,314 |
| 3 Month Average | 3.712 % | £17,259 | £482,259 |
| 6 Month Average | -9.293 % | £-43,213 | £421,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £526,716 | £517,500 | 46 FRESHWELL AVENUE |
| 25 Aug 2023 | £569,986 | £565,000 | 16 FRESHWELL AVENUE |
| 5 Oct 2022 | £479,834 | £485,000 | 54 FRESHWELL AVENUE |
| 24 Mar 2022 | £481,862 | £465,000 | 17 FRESHWELL AVENUE |
| 18 Feb 2022 | £241,200 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 22 Nov 2021. Using an estimated price of £481,862 means this house is valued at £6,177 per sq meter (£573 per sq foot).
The average size of a house on FRESHWELL AVENUE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |
| Apr 2024 | Other crime | Under investigation | On or near Ongar Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ongar Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |