£391,838
This estimated value is based upon the latest sale price for the house of £215,000 on 5 Oct 2005. 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 |
|---|---|
| £215,000 | 5 Oct 2005 |
| Terraced |
| Freehold |
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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £215,000 results in an estimated price of approximately £391,838.
| 5 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £215,000 | £176,838 | £391,838 |
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 | 62.643 % | £134,682 | £349,682 |
| 3 Month Average | 92.356 % | £198,565 | £413,565 |
| 6 Month Average | 74.510 % | £160,196 | £375,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £526,716 | £517,500 | 46 FRESHWELL AVENUE |
| 25 Aug 2023 | £569,986 | £565,000 | 16 FRESHWELL AVENUE |
| 5 Oct 2022 | £479,834 | £485,000 | 54 FRESHWELL AVENUE |
| 24 Mar 2022 | £481,862 | £465,000 | 17 FRESHWELL AVENUE |
| 18 Feb 2022 | £241,200 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
| 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 |
| 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 |