£546,974
This estimated value is based upon the latest sale price for the house of £380,000 on 1 Jul 2015. 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 |
|---|---|
| £380,000 | 1 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £380,000 results in an estimated price of approximately £546,974.
| 1 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £380,000 | £166,974 | £546,974 |
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 | -2.694 % | £-10,237 | £369,762 |
| 3 Month Average | 38.395 % | £145,899 | £525,899 |
| 6 Month Average | 29.501 % | £112,103 | £492,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £466,276 | £460,000 | 16 ADELAIDE GARDENS |
| 6 Mar 2023 | £355,348 | £352,000 | 40 GENEVA GARDENS |
| 6 May 2022 | £489,218 | £480,000 | 3 YEW TREE GARDENS |
| 28 Jan 2022 | £526,204 | £500,000 | 27 MELBOURNE GARDENS |
| 21 Jan 2022 | £410,439 | £390,000 | 47 ROSE LANE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 4 Apr 2014. Using an estimated price of £546,974 means this house is valued at £4,635 per sq meter (£430 per sq foot).
The average size of a house on WHALEBONE LANE NORTH is 93 sq meters (1,004 sq feet).