£427,480
This estimated value is based upon the latest sale price for the house of £228,000 on 17 Apr 2009. 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 |
---|---|
£228,000 | 17 Apr 2009 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 976 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 April 2009 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £228,000 results in an estimated price of approximately £427,480.
17 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.491 % | £228,000 | £199,480 | £427,480 |
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 | 175.852 % | £400,942 | £628,942 |
3 Month Average | 99.963 % | £227,914 | £455,914 |
6 Month Average | 93.781 % | £213,820 | £441,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £594,128 | £585,000 | 43 FRESHWELL AVENUE |
1 Dec 2023 | £533,906 | £517,500 | 46 FRESHWELL AVENUE |
25 Aug 2023 | £575,378 | £565,000 | 16 FRESHWELL AVENUE |
5 Oct 2022 | £483,385 | £485,000 | 54 FRESHWELL AVENUE |
24 Mar 2022 | £485,429 | £465,000 | 17 FRESHWELL AVENUE |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 23 Feb 2010. Using an estimated price of £427,480 means this house is valued at £4,710 per sq meter (£437 per sq foot).
The average size of a house on FRESHWELL AVENUE is 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Ongar Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |