£395,897
This estimated value is based upon the latest sale price for the house of £222,000 on 29 Sep 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £222,000 | 29 Sep 2009 |
| £84,995 | 29 Jan 1999 |
| Terraced |
| 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £222,000 results in an estimated price of approximately £395,897.
| 29 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £222,000 | £173,897 | £395,897 |
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 | 54.866 % | £121,803 | £343,803 |
| 3 Month Average | 94.562 % | £209,927 | £431,927 |
| 6 Month Average | 76.718 % | £170,313 | £392,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £398,486 | £395,000 | 32 FARRANCE ROAD |
| 9 Aug 2022 | £528,577 | £530,000 | 2 MORDEN ROAD |
| 21 Feb 2022 | £454,085 | £433,000 | 5 FARRANCE ROAD |
| 14 Jan 2022 | £442,011 | £420,000 | 12 FARRANCE ROAD |
| 9 Sep 2021 | £237,070 | £220,000 | 4C THE PINNACLE, 156 - 162 HIGH ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Aug 2019. Using an estimated price of £395,897 means this house is valued at £4,550 per sq meter (£422 per sq foot).
The average size of a house on FARRANCE ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Morden Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Morden Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Morden Road |
| Feb 2024 | Anti-social behaviour | On or near Merten Road | |
| Feb 2024 | Anti-social behaviour | On or near Merten Road |