£378,056
This estimated value is based upon the latest sale price for the house of £235,000 on 18 May 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £235,000 | 18 May 2007 |
| £205,000 | 1 Sep 2006 |
| Terraced |
| Freehold |
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 2007 the House Price Index for GREATER LONDON was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £235,000 results in an estimated price of approximately £378,056.
| 18 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £235,000 | £143,056 | £378,056 |
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 | 113.348 % | £266,368 | £501,368 |
| 3 Month Average | 71.774 % | £168,668 | £403,668 |
| 6 Month Average | 77.781 % | £182,785 | £417,785 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £564,325 | £550,000 | 45 WHALEBONE GROVE |
| 10 Jun 2022 | £496,616 | £486,000 | 18 ALBANY ROAD |
| 24 May 2022 | £308,025 | £300,000 | 10A ALBANY ROAD |
| 20 Dec 2021 | £474,895 | £440,000 | 31 ALBANY ROAD |
| 28 Sep 2021 | £263,793 | £243,000 | FLAT 5 BENEDICT COURT GORDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Forsters Close |