£436,806
This estimated value is based upon the latest sale price for the house of £360,000 on 25 Mar 2020. 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 |
---|---|
£360,000 | 25 Mar 2020 |
£360,000 | 25 Mar 2020 |
£247,995 | 21 Dec 2006 |
£118,000 | 2 May 2001 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £360,000 results in an estimated price of approximately £436,806.
25 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £360,000 | £76,806 | £436,806 |
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 | 20.283 % | £73,017 | £433,017 |
3 Month Average | 20.673 % | £74,421 | £434,421 |
6 Month Average | 10.714 % | £38,569 | £398,569 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £564,325 | £550,000 | 45 WHALEBONE GROVE |
10 Jun 2022 | £496,616 | £486,000 | 18 ALBANY ROAD |
24 May 2022 | £308,025 | £300,000 | 10A ALBANY ROAD |
20 Dec 2021 | £474,895 | £440,000 | 31 ALBANY ROAD |
28 Sep 2021 | £263,793 | £243,000 | FLAT 5 BENEDICT COURT GORDON ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 11 Feb 2013. Using an estimated price of £436,807 means this house is valued at £5,079 per sq meter (£471 per sq foot).
The average size of a house on GORDON ROAD is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Forsters Close |