£635,484
This estimated value is based upon the latest sale price for the house of £505,500 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Tudor Parade, Chadwell Heath, Romford, RM6 6PS
Phone: 02081282440
| Price Paid | Date |
|---|---|
| £505,500 | 18 Dec 2017 |
| 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £505,500 results in an estimated price of approximately £635,484.
| 18 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £505,500 | £129,984 | £635,484 |
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 | -18.640 % | £-94,222 | £411,277 |
| 3 Month Average | 21.967 % | £111,041 | £616,541 |
| 6 Month Average | 6.859 % | £34,674 | £540,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £440,634 | £435,000 | 26 ERIC ROAD |
| 16 Aug 2023 | £484,236 | £480,000 | 7 CECIL ROAD |
| 11 Aug 2023 | £428,751 | £425,000 | 5 JAPAN ROAD |
| 21 Apr 2023 | £459,952 | £455,000 | 14 ERIC ROAD |
| 22 Jul 2022 | £473,274 | £472,000 | 28 CECIL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Back Lane | |
| Apr 2024 | Anti-social behaviour | On or near Back Lane | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
| Mar 2024 | Other theft | Under investigation | On or near Back Lane |
| Feb 2024 | Robbery | Under investigation | On or near Back Lane |