£447,842
This estimated value is based upon the latest sale price for the house of £360,000 on 10 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
| Price Paid | Date |
|---|---|
| £360,000 | 10 Sep 2018 |
| £215,000 | 3 Aug 2007 |
| £59,500 | 28 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £360,000 results in an estimated price of approximately £447,842.
| 10 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £360,000 | £87,842 | £447,842 |
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 | 52.791 % | £190,046 | £550,046 |
| 3 Month Average | 4.013 % | £14,447 | £374,447 |
| 6 Month Average | 15.053 % | £54,190 | £414,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2022 | £383,846 | £380,000 | 4 WEST PARK CLOSE |
| 29 Apr 2022 | £474,102 | £457,000 | 81 EAST ROAD |
| 6 Dec 2021 | £167,293 | £155,000 | 1 PORTLAND CLOSE |
| 3 Dec 2021 | £124,120 | £115,000 | 50 PORTLAND CLOSE |
| 21 Jul 2021 | £179,455 | £155,000 | 18 PORTLAND CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 1 Nov 2018. Using an estimated price of £447,842 means this house is valued at £6,490 per sq meter (£602 per sq foot).
The average size of a house on EAST PARK CLOSE is 96 sq meters (1,040 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portland Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Portland Close |