£565,914
This estimated value is based upon the latest sale price for the house of £561,000 on 26 Apr 2024. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Tudor Parade, Chadwell Heath, Romford, RM6 6PS
Phone: 02081282440
Price Paid | Date |
---|---|
£561,000 | 26 Apr 2024 |
£248,000 | 18 Oct 2013 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,240 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 April 2024 the House Price Index for GREATER LONDON was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £561,000 results in an estimated price of approximately £565,914.
26 Apr 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.4 | 149.7 | 0.876 % | £561,000 | £4,914 | £565,914 |
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 | 43.063 % | £241,586 | £802,586 |
3 Month Average | -2.091 % | £-11,730 | £549,269 |
6 Month Average | 10.992 % | £61,662 | £622,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £565,914 | £561,000 | 33 ERIC ROAD |
11 Apr 2024 | £388,373 | £385,000 | 39 KENNETH ROAD |
29 Sep 2023 | £444,805 | £435,000 | 26 ERIC ROAD |
16 Aug 2023 | £488,816 | £480,000 | 7 CECIL ROAD |
21 Apr 2023 | £463,673 | £455,000 | 14 ERIC ROAD |
This house has a floor area of 115 sq meters or 1,240 sq feet when measured on 18 Oct 2011. Using an estimated price of £565,914 means this house is valued at £4,912 per sq meter (£456 per sq foot).
The average size of a house on ERIC ROAD is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Back Lane | |
Apr 2024 | Anti-social behaviour | On or near Back Lane | |
Apr 2024 | Anti-social behaviour | On or near Back Lane | |
Apr 2024 | Anti-social behaviour | On or near Back Lane | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |