£396,822
This estimated value is based upon the latest sale price for the house of £166,995 on 3 Jun 2003. 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 |
---|---|
£166,995 | 3 Jun 2003 |
£72,000 | 26 Mar 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £166,995 results in an estimated price of approximately £396,822.
3 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 149.7 | 137.625 % | £166,995 | £229,827 | £396,822 |
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 | 189.137 % | £315,849 | £482,844 |
3 Month Average | 128.242 % | £214,157 | £381,152 |
6 Month Average | 141.545 % | £236,373 | £403,368 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £239,806 | £235,000 | 15 BEANSLAND GROVE |
17 Feb 2023 | £352,354 | £350,000 | 1 FURZE FARM CLOSE |
31 Mar 2022 | £242,192 | £232,000 | 23 BEANSLAND GROVE |
24 Mar 2022 | £381,036 | £365,000 | 34 KINGSTON HILL AVENUE |
7 Dec 2021 | £286,017 | £265,000 | 20 BEANSLAND GROVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 8 Jul 2021. Using an estimated price of £396,822 means this house is valued at £4,724 per sq meter (£438 per sq foot).
The average size of a house on BILLET ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Beansland Grove |
Apr 2024 | Other theft | Under investigation | On or near Beansland Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beansland Grove |