£223,301
This estimated value is based upon the latest sale price for the house of £110,000 on 14 May 2004. 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 |
---|---|
£110,000 | 14 May 2004 |
£58,000 | 20 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 2004 the House Price Index for GREATER LONDON was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £110,000 results in an estimated price of approximately £223,301.
14 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 149.7 | 103.002 % | £110,000 | £113,301 | £223,301 |
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 | 144.003 % | £158,402 | £268,402 |
3 Month Average | 104.211 % | £114,631 | £224,631 |
6 Month Average | 113.999 % | £125,398 | £235,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £248,155 | £246,000 | 16 THATCHES GROVE |
7 Mar 2024 | £330,071 | £325,000 | 74 THATCHES GROVE |
18 Jan 2023 | £307,822 | £307,000 | 68 ROSE LANE |
4 Nov 2022 | £401,013 | £402,888 | 36 ROSE LANE |
10 Jun 2022 | £376,038 | £368,000 | 106 THATCHES GROVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Jun 2018. Using an estimated price of £223,302 means this house is valued at £3,283 per sq meter (£305 per sq foot).
The average size of a house on THATCHES GROVE is 85 sq meters (919 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Rams Grove | |
Apr 2024 | Vehicle crime | Under investigation | On or near Rams Grove |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rams Grove |
Apr 2024 | Anti-social behaviour | On or near Rams Grove | |
Apr 2024 | Anti-social behaviour | On or near Rams Grove |