£173,854
This estimated value is based upon the latest sale price for the house of £54,500 on 21 Dec 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
Price Paid | Date |
---|---|
£54,500 | 21 Dec 2001 |
£30,000 | 18 Aug 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 December 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 218.999%.Applying this 218.999% change to the original purchase price of £54,500 results in an estimated price of approximately £173,854.
21 Dec 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 149.7 | 218.999 % | £54,500 | £119,354 | £173,854 |
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 | 293.687 % | £160,059 | £214,559 |
3 Month Average | 219.852 % | £119,819 | £174,319 |
6 Month Average | 228.815 % | £124,704 | £179,204 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £237,291 | £230,000 | 384 WHALEBONE LANE SOUTH |
15 Feb 2022 | £249,324 | £236,000 | 5 MAYDEB COURT WHALEBONE LANE SOUTH |
28 Sep 2021 | £263,793 | £243,000 | FLAT 5 BENEDICT COURT GORDON ROAD |
10 Sep 2021 | £531,929 | £490,000 | 230 HIGH ROAD |
27 Nov 2020 | £297,824 | £255,000 | FLAT 52 ELGIN HOUSE, 235 HIGH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 26 Jun 2014. Using an estimated price of £173,854 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on HIGH ROAD is 65 sq meters (701 sq feet).