£431,321
This estimated value is based upon the latest sale price for the house of £427,000 on 15 Jul 2022. 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 |
|---|---|
| £427,000 | 15 Jul 2022 |
| £183,000 | 17 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £427,000 results in an estimated price of approximately £431,321.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £427,000 | £4,321 | £431,321 |
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 | 2.114 % | £9,025 | £436,025 |
| 3 Month Average | 10.379 % | £44,317 | £471,317 |
| 6 Month Average | 3.950 % | £16,868 | £443,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £274,213 | £270,000 | 33 MADELEINE CLOSE |
| 28 Apr 2023 | £283,299 | £278,000 | 2 WESTFIELD GARDENS |
| 24 Feb 2023 | £256,715 | £255,000 | 41 MADELEINE CLOSE |
| 15 Jul 2022 | £431,322 | £427,000 | 2 MADELEINE CLOSE |
| 30 Jun 2021 | £378,303 | £350,000 | 42 WESTFIELD GARDENS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 11 Sep 2017. Using an estimated price of £431,322 means this house is valued at £6,535 per sq meter (£607 per sq foot).
The average size of a house on MADELEINE CLOSE is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Bengeo Gardens |
| Apr 2024 | Anti-social behaviour | On or near Westfield Gardens | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Westfield Gardens |
| Apr 2024 | Anti-social behaviour | On or near Westfield Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Westfield Gardens |