£525,395
This estimated value is based upon the latest sale price for the house of £501,000 on 11 Feb 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 |
---|---|
£501,000 | 11 Feb 2022 |
£83,000 | 2 Jun 1997 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £501,000 results in an estimated price of approximately £525,395.
11 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £501,000 | £24,395 | £525,395 |
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 | -18.494 % | £-92,654 | £408,345 |
3 Month Average | 10.077 % | £50,483 | £551,483 |
6 Month Average | -2.450 % | £-12,273 | £488,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jul 2023 | £482,494 | £476,000 | 80 FRESHWELL AVENUE |
10 Jul 2023 | £542,299 | £535,000 | 73 FRESHWELL AVENUE |
22 Jun 2023 | £167,023 | £165,000 | 340 CHADWELL HEATH LANE |
20 May 2022 | £250,724 | £246,000 | 334 CHADWELL HEATH LANE |
23 Feb 2022 | £540,078 | £515,000 | 90 FRESHWELL AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 15 Nov 2018. Using an estimated price of £525,396 means this house is valued at £5,100 per sq meter (£473 per sq foot).
The average size of a house on CHAFFORD WAY is 114 sq meters (1,236 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chafford Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Haywards Close |
Jan 2024 | Public order | Under investigation | On or near Haywards Close |