£438,597
This estimated value is based upon the latest sale price for the house of £355,000 on 25 Jun 2019. 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 |
|---|---|
| £355,000 | 25 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £355,000 results in an estimated price of approximately £438,597.
| 25 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £355,000 | £83,597 | £438,597 |
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 | 67.383 % | £239,208 | £594,208 |
| 3 Month Average | 30.066 % | £106,734 | £461,734 |
| 6 Month Average | 21.553 % | £76,513 | £431,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £398,486 | £395,000 | 32 FARRANCE ROAD |
| 4 Jul 2023 | £582,844 | £575,000 | 1 WOODLANDS AVENUE |
| 21 Mar 2023 | £431,061 | £427,000 | 108 KENNETH ROAD |
| 21 Feb 2022 | £454,085 | £433,000 | 5 FARRANCE ROAD |
| 21 Jan 2022 | £431,487 | £410,000 | 23 WOODLANDS AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Mar 2019. Using an estimated price of £438,598 means this house is valued at £4,928 per sq meter (£457 per sq foot).
The average size of a house on FARRANCE ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Merten Road | |
| Feb 2024 | Anti-social behaviour | On or near Merten Road | |
| Feb 2024 | Anti-social behaviour | On or near Merten Road | |
| Jan 2024 | Drugs | Local resolution | On or near Junction Road East |