£459,665
This estimated value is based upon the latest sale price for the house of £360,000 on 29 Sep 2017. 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 |
---|---|
£360,000 | 29 Sep 2017 |
Semi-Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £360,000 results in an estimated price of approximately £459,665.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £360,000 | £99,665 | £459,665 |
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 | 112.828 % | £406,182 | £766,182 |
3 Month Average | 12.257 % | £44,125 | £404,125 |
6 Month Average | 16.103 % | £57,971 | £417,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £425,809 | £415,000 | 71 CHADVILLE GARDENS |
7 Mar 2023 | £544,086 | £535,000 | 11 HATHAWAY GARDENS |
22 Feb 2023 | £279,870 | £278,000 | 12 HOWELL CLOSE |
16 Feb 2023 | £427,858 | £425,000 | 108 CHADVILLE GARDENS |
19 May 2022 | £536,476 | £522,500 | 67 CHADVILLE GARDENS |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 5 Jul 2019. Using an estimated price of £459,665 means this house is valued at £2,802 per sq meter (£260 per sq foot).
The average size of a house on CHADVILLE GARDENS is 87 sq meters (942 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).