£489,395
This estimated value is based upon the latest sale price for the house of £400,000 on 7 Feb 2020. 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 |
|---|---|
| £400,000 | 7 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £400,000 results in an estimated price of approximately £489,395.
| 7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £400,000 | £89,395 | £489,395 |
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 | -19.729 % | £-78,915 | £321,084 |
| 3 Month Average | 10.744 % | £42,976 | £442,976 |
| 6 Month Average | -0.609 % | £-2,434 | £397,565 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £495,000 | £495,000 | 72 DONALD DRIVE |
| 1 Dec 2023 | £526,716 | £517,500 | 46 FRESHWELL AVENUE |
| 25 Aug 2023 | £569,986 | £565,000 | 16 FRESHWELL AVENUE |
| 25 Jul 2023 | £534,696 | £527,500 | 52 ROCHFORD AVENUE |
| 5 Oct 2022 | £479,834 | £485,000 | 54 FRESHWELL AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 17 Apr 2019. Using an estimated price of £489,396 means this house is valued at £5,625 per sq meter (£522 per sq foot).
The average size of a house on ROCHFORD AVENUE is 106 sq meters (1,150 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |
| Apr 2024 | Other crime | Under investigation | On or near Ongar Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ongar Close |
| Feb 2024 | Anti-social behaviour | On or near Tendring Way | |
| Feb 2024 | Anti-social behaviour | On or near Donald Drive |