£359,054
This estimated value is based upon the latest sale price for the house of £73,000 on 28 Nov 1997. 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 |
|---|---|
| £73,000 | 28 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 1997 the House Price Index for GREATER LONDON was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £73,000 results in an estimated price of approximately £359,054.
| 28 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £73,000 | £286,054 | £359,054 |
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 | 297.915 % | £217,477 | £290,477 |
| 3 Month Average | 385.227 % | £281,215 | £354,215 |
| 6 Month Average | 337.922 % | £246,682 | £319,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £465,000 | £465,000 | 18 OVERTON DRIVE |
| 23 Aug 2023 | £379,318 | £376,000 | 4 GRIFFITH CLOSE |
| 25 Apr 2022 | £375,877 | £365,000 | 2B OVERTON DRIVE |
| 6 Apr 2021 | £525,068 | £465,000 | 34 MANSTED GARDENS |
| 2 Dec 2020 | £459,085 | £400,000 | 29 MANSTED GARDENS |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 May 2013. Using an estimated price of £359,054 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on OVERTON DRIVE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Griffith Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Griffith Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coulson Close |
| Mar 2024 | Anti-social behaviour | On or near Coulson Close | |
| Apr 2024 | Anti-social behaviour | On or near Aldington Close |