£491,155
This estimated value is based upon the latest sale price for the house of £480,000 on 9 Feb 2024. 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 |
---|---|
£480,000 | 9 Feb 2024 |
£440,000 | 17 Jul 2017 |
£300,000 | 10 Feb 2017 |
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 February 2024 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £480,000 results in an estimated price of approximately £491,155.
9 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £480,000 | £11,155 | £491,155 |
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 | 0.900 % | £4,317 | £484,317 |
3 Month Average | 7.378 % | £35,413 | £515,413 |
6 Month Average | 30.863 % | £148,141 | £628,141 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £542,879 | £532,000 | 18 CONWAY CRESCENT |
28 Apr 2023 | £283,299 | £278,000 | 2 WESTFIELD GARDENS |
27 Jan 2023 | £581,554 | £580,000 | 31 CONWAY CRESCENT |
13 Jan 2023 | £511,366 | £510,000 | 15 FLORA GARDENS |
24 Jun 2022 | £607,997 | £595,000 | 161 GROVE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 May 2017.
The average size of a house on FLORA GARDENS is 96 sq meters (1,042 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Grove Road |
Apr 2024 | Anti-social behaviour | On or near Westfield Gardens | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Westfield Gardens |
Apr 2024 | Anti-social behaviour | On or near Westfield Gardens | |
Apr 2024 | Anti-social behaviour | On or near Westfield Gardens |