£504,654
This estimated value is based upon the latest sale price for the house of £405,000 on 6 Aug 2018. 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 |
|---|---|
| £405,000 | 6 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £405,000 results in an estimated price of approximately £504,654.
| 6 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £405,000 | £99,654 | £504,654 |
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 | 18.396 % | £74,503 | £479,503 |
| 3 Month Average | 0.796 % | £3,224 | £408,224 |
| 6 Month Average | 17.203 % | £69,671 | £474,671 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £523,036 | £515,000 | 156 SOMERVILLE ROAD |
| 10 Feb 2023 | £556,216 | £552,500 | 180 BRIAN ROAD |
| 18 Feb 2022 | £491,253 | £465,000 | 96 SOMERVILLE ROAD |
| 10 Jan 2022 | £483,450 | £456,000 | 169 SOMERVILLE ROAD |
| 30 Nov 2021 | £1,171,234 | £1,075,000 | ST CHAD'S HALL, 148 SOMERVILLE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Apr 2018. Using an estimated price of £504,654 means this house is valued at £5,607 per sq meter (£520 per sq foot).
The average size of a house on SOMERVILLE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Apr 2024 | Anti-social behaviour | On or near Fields Park Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Fields Park Crescent | |
| Apr 2024 | Anti-social behaviour | On or near Fields Park Crescent |