£515,512
This estimated value is based upon the latest sale price for the house of £355,000 on 24 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
| Price Paid | Date |
|---|---|
| £355,000 | 24 Jun 2015 |
| £145,500 | 31 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £355,000 results in an estimated price of approximately £515,512.
| 24 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £355,000 | £160,512 | £515,512 |
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 | 21.183 % | £75,198 | £430,198 |
| 3 Month Average | 45.843 % | £162,740 | £517,740 |
| 6 Month Average | 33.604 % | £119,294 | £474,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £2,030 | £2,000 | 1026 HIGH ROAD |
| 29 Aug 2023 | £433,795 | £430,000 | 1037 - 1039 HIGH ROAD |
| 8 Sep 2022 | £270,317 | £272,500 | 990 HIGH ROAD |
| 7 Mar 2022 | £298,444 | £288,000 | 996 HIGH ROAD |
| 4 Feb 2022 | £293,634 | £280,000 | 982 HIGH ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 Mar 2015. Using an estimated price of £515,513 means this house is valued at £5,314 per sq meter (£493 per sq foot).
The average size of a house on HICKMAN ROAD is 87 sq meters (944 sq feet).