£507,308
This estimated value is based upon the latest sale price for the house of £395,000 on 20 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
Price Paid | Date |
---|---|
£395,000 | 20 Jul 2017 |
£210,000 | 6 Nov 2009 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 918 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £395,000 results in an estimated price of approximately £507,308.
20 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £395,000 | £112,308 | £507,308 |
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 | 40.081 % | £158,318 | £553,318 |
3 Month Average | 17.269 % | £68,211 | £463,211 |
6 Month Average | 17.281 % | £68,258 | £463,258 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2023 | £357,978 | £352,000 | 40 GENEVA GARDENS |
17 Oct 2022 | £378,735 | £380,000 | 27 PEMBERTON GARDENS |
29 Jun 2022 | £454,720 | £445,000 | 38 PEMBERTON GARDENS |
1 Jun 2022 | £492,528 | £482,000 | 48 PEMBERTON GARDENS |
22 Nov 2021 | £457,598 | £420,000 | 22 PEMBERTON GARDENS |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 11 May 2009. Using an estimated price of £507,309 means this house is valued at £5,945 per sq meter (£552 per sq foot).
The average size of a house on GENEVA GARDENS is 95 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Geneva Gardens | |
Apr 2024 | Anti-social behaviour | On or near Geneva Gardens | |
Apr 2024 | Anti-social behaviour | On or near Geneva Gardens | |
Apr 2024 | Vehicle crime | Under investigation | On or near Geneva Gardens |
Apr 2024 | Anti-social behaviour | On or near Geneva Gardens |