£217,242
This estimated value is based upon the latest sale price for the house of £175,000 on 1 Nov 2018. 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 |
---|---|
£175,000 | 1 Nov 2018 |
£103,000 | 28 Jan 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 51 sq meters or 548 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £175,000 results in an estimated price of approximately £217,242.
1 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £175,000 | £42,242 | £217,242 |
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 | 33.050 % | £57,838 | £232,838 |
3 Month Average | 17.108 % | £29,938 | £204,938 |
6 Month Average | 9.586 % | £16,775 | £191,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £385,929 | £380,000 | 4 THE CHASE |
20 Jan 2023 | £267,715 | £267,000 | 29 EAGLE AVENUE |
23 Mar 2022 | £122,801 | £117,633 | 14A TENBY CLOSE |
10 Mar 2022 | £250,544 | £240,000 | 26 EAGLE AVENUE |
14 Jan 2022 | £304,807 | £287,500 | 8 EAGLE AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 13 Oct 2021. Using an estimated price of £217,243 means this house is valued at £4,259 per sq meter (£395 per sq foot).
The average size of a house on EAGLE AVENUE is 65 sq meters (709 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Eagle Avenue |