£506,181
This estimated value is based upon the latest sale price for the house of £415,000 on 27 Jan 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 |
---|---|
£415,000 | 27 Jan 2020 |
£225,000 | 13 Feb 2006 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £415,000 results in an estimated price of approximately £506,181.
27 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £415,000 | £91,181 | £506,181 |
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 | 27.681 % | £114,874 | £529,874 |
3 Month Average | 7.907 % | £32,813 | £447,813 |
6 Month Average | -1.595 % | £-6,621 | £408,378 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £451,071 | £445,000 | 7 DUNMOW CLOSE |
15 Jun 2022 | £415,877 | £410,000 | 38 DONALD DRIVE |
18 May 2020 | £510,066 | £417,000 | 274 CHADWELL HEATH LANE |
9 Apr 2020 | £537,680 | £438,000 | 41 TENDRING WAY |
30 Mar 2020 | £451,664 | £375,000 | 35 DONALD DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 5 Nov 2019. Using an estimated price of £506,181 means this house is valued at £5,687 per sq meter (£528 per sq foot).
The average size of a house on DUNMOW CLOSE is 121 sq meters (1,303 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Tendring Way | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near South Road |
Feb 2024 | Anti-social behaviour | On or near Donald Drive | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Donald Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Randolph Grove |