£640,877
This estimated value is based upon the latest sale price for the house of £530,000 on 6 Jul 2020. 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 |
|---|---|
| £530,000 | 6 Jul 2020 |
| £311,000 | 27 Jul 2018 |
| £260,000 | 2 May 2018 |
| 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £530,000 results in an estimated price of approximately £640,877.
| 6 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £530,000 | £110,877 | £640,877 |
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 | -44.101 % | £-233,732 | £296,267 |
| 3 Month Average | -7.798 % | £-41,329 | £488,670 |
| 6 Month Average | -2.620 % | £-13,888 | £516,111 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £303,885 | £300,000 | 13 CRABTREE AVENUE |
| 25 Aug 2023 | £312,736 | £310,000 | 43 GREGORY ROAD |
| 15 Aug 2023 | £388,398 | £385,000 | 19 CRABTREE AVENUE |
| 23 Jun 2023 | £354,292 | £350,000 | 45 GREGORY ROAD |
| 29 Mar 2023 | £211,997 | £210,000 | 16 GREGORY ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 21 Nov 2019. Using an estimated price of £640,877 means this house is valued at £3,907 per sq meter (£363 per sq foot).
The average size of a house on PADNALL ROAD is 80 sq meters (866 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Padnall Road |
| Jan 2024 | Other crime | Under investigation | On or near Padnall Road |
| Apr 2024 | Anti-social behaviour | On or near Gregory Road | |
| Apr 2024 | Anti-social behaviour | On or near Gregory Road | |
| Apr 2024 | Anti-social behaviour | On or near Gregory Road |