£597,211
This estimated value is based upon the latest sale price for the house of £465,000 on 19 Jul 2017. 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 |
---|---|
£465,000 | 19 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,227 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £465,000 results in an estimated price of approximately £597,211.
19 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £465,000 | £132,211 | £597,211 |
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 | 40.081 % | £186,375 | £651,375 |
3 Month Average | 17.269 % | £80,299 | £545,299 |
6 Month Average | 17.281 % | £80,355 | £545,355 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2020 | £332,862 | £285,000 | FLAT 39 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
8 Oct 2019 | £1,050,091 | £850,000 | 31 - 35 MILL LANE |
11 Sep 2019 | £336,050 | £271,875 | FLAT 80 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
11 Sep 2019 | £389,355 | £315,000 | FLAT 69 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
2 Jul 2019 | £254,713 | £205,000 | FLAT 55 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 4 Apr 2017. Using an estimated price of £597,212 means this house is valued at £5,238 per sq meter (£486 per sq foot).
The average size of a house on MILL LANE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Theft from the person | Under investigation | On or near Eagle Avenue |