£382,760
This estimated value is based upon the latest sale price for the house of £220,000 on 12 May 2011. 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 |
---|---|
£220,000 | 12 May 2011 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 971 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 May 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £220,000 results in an estimated price of approximately £382,760.
12 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 73.982 % | £220,000 | £162,760 | £382,760 |
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 | 110.223 % | £242,489 | £462,489 |
3 Month Average | 70.942 % | £156,072 | £376,072 |
6 Month Average | 79.577 % | £175,070 | £395,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £432,806 | £425,000 | 5 JAPAN ROAD |
9 Mar 2023 | £416,963 | £410,000 | 64 WEST ROAD |
30 Jan 2023 | £443,184 | £442,000 | 8 EDWARD ROAD |
13 Jan 2023 | £491,313 | £490,000 | 10 MAYFAIR AVENUE |
28 Jul 2022 | £454,555 | £450,000 | 1 ALEXANDRA ROAD |
This house has a floor area of 90 sq meters or 971 sq feet when measured on 12 Feb 2011. Using an estimated price of £382,761 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on MAYFAIR AVENUE is 94 sq meters (1,017 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Lee Avenue |
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
Apr 2024 | Robbery | Under investigation | On or near Supermarket |
Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
Apr 2024 | Other theft | Under investigation | On or near Supermarket |