£436,051
This estimated value is based upon the latest sale price for the house of £202,000 on 16 Jan 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
Price Paid | Date |
---|---|
£202,000 | 16 Jan 2004 |
£202,000 | 16 Jan 2004 |
£135,000 | 19 Apr 2002 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 January 2004 the House Price Index for GREATER LONDON was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £202,000 results in an estimated price of approximately £436,051.
16 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 149.7 | 115.867 % | £202,000 | £234,051 | £436,051 |
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 | 172.216 % | £347,876 | £549,876 |
3 Month Average | 114.643 % | £231,577 | £433,577 |
6 Month Average | 119.339 % | £241,064 | £443,064 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £296,537 | £290,000 | 47 BIRCH COURT |
13 Jan 2023 | £471,259 | £470,000 | 13 FAUNA CLOSE |
15 Jul 2022 | £277,783 | £275,000 | 10 SHERMAN GARDENS |
1 Feb 2022 | £422,583 | £400,000 | 1 SHERMAN GARDENS |
8 Dec 2021 | £782,498 | £725,000 | 48 FLORA GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Sep 2015. Using an estimated price of £436,052 means this house is valued at £5,191 per sq meter (£482 per sq foot).
The average size of a house on FLORA GARDENS is 97 sq meters (1,049 sq feet).