£366,470
This estimated value is based upon the latest sale price for the house of £193,000 on 8 Oct 2004. 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 |
|---|---|
| £193,000 | 8 Oct 2004 |
| £70,500 | 3 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £193,000 results in an estimated price of approximately £366,470.
| 8 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £193,000 | £173,470 | £366,470 |
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 | 64.128 % | £123,767 | £316,767 |
| 3 Month Average | 94.902 % | £183,161 | £376,161 |
| 6 Month Average | 76.646 % | £147,926 | £340,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £560,162 | £553,000 | 9 WHALEBONE GROVE |
| 2 Jun 2023 | £445,395 | £440,000 | 466 WHALEBONE LANE NORTH |
| 6 Apr 2023 | £507,969 | £502,500 | 7 WHALEBONE AVENUE |
| 21 Jan 2022 | £442,011 | £420,000 | 456 WHALEBONE LANE NORTH |
| 28 Jun 2021 | £278,960 | £260,000 | 1B WHALEBONE GROVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Sep 2017. Using an estimated price of £366,470 means this house is valued at £4,886 per sq meter (£453 per sq foot).
The average size of a house on BURCHETT WAY is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burchett Way |
| Mar 2024 | Robbery | Under investigation | On or near Burchett Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Burchett Way |
| Feb 2024 | Vehicle crime | Under investigation | On or near Burchett Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burchett Way |