£503,388
This estimated value is based upon the latest sale price for the house of £390,000 on 20 Jun 2017. 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 |
|---|---|
| £390,000 | 20 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 June 2017 the House Price Index for GREATER LONDON was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £390,000 results in an estimated price of approximately £503,388.
| 20 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £390,000 | £113,388 | £503,388 |
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 | 30.100 % | £117,391 | £507,391 |
| 3 Month Average | 11.033 % | £43,030 | £433,030 |
| 6 Month Average | 16.747 % | £65,311 | £455,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £443,632 | £430,000 | 5 LITTLE HEATH |
| 22 Jun 2023 | £168,374 | £165,000 | 340 CHADWELL HEATH LANE |
| 28 Oct 2022 | £498,336 | £500,000 | 92 FRESHWELL AVENUE |
| 20 May 2022 | £252,580 | £246,000 | 334 CHADWELL HEATH LANE |
| 23 Feb 2022 | £544,075 | £515,000 | 90 FRESHWELL AVENUE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 17 Oct 2021. Using an estimated price of £503,389 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
| Apr 2024 | Drugs | Under investigation | On or near Little Heath |