£390,038
This estimated value is based upon the latest sale price for the house of £115,000 on 29 Jun 2001. 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 |
|---|---|
| £115,000 | 29 Jun 2001 |
| 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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £115,000 results in an estimated price of approximately £390,038.
| 29 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £115,000 | £275,038 | £390,038 |
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 | 197.671 % | £227,322 | £342,322 |
| 3 Month Average | 254.934 % | £293,174 | £408,174 |
| 6 Month Average | 209.749 % | £241,211 | £356,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £522,026 | £515,000 | 26 ALEXANDRA ROAD |
| 9 Mar 2023 | £413,899 | £410,000 | 64 WEST ROAD |
| 30 Jan 2023 | £439,928 | £442,000 | 8 EDWARD ROAD |
| 13 Jan 2023 | £487,703 | £490,000 | 10 MAYFAIR AVENUE |
| 28 Jul 2022 | £451,215 | £450,000 | 1 ALEXANDRA ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Alexandra Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edward Road |
| Feb 2024 | Anti-social behaviour | On or near Mayfair Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Mayfair Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Mayfair Avenue |