£89,798
This estimated value is based upon the latest sale price for the house of £85,000 on 25 Feb 2022. 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 |
---|---|
£85,000 | 25 Feb 2022 |
£35,700 | 26 Oct 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 36 sq meters or 387 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £85,000 results in an estimated price of approximately £89,798.
25 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £85,000 | £4,798 | £89,798 |
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 | 16.605 % | £14,114 | £99,114 |
3 Month Average | 7.775 % | £6,608 | £91,608 |
6 Month Average | 8.272 % | £7,031 | £92,031 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £109,634 | £110,000 | 8 CUNNINGHAM CLOSE |
20 Oct 2022 | £149,501 | £150,000 | 45 CUNNINGHAM CLOSE |
27 Sep 2022 | £164,890 | £165,000 | 10 CUNNINGHAM CLOSE |
21 Mar 2022 | £93,954 | £90,000 | 25 CUNNINGHAM CLOSE |
25 Feb 2022 | £89,799 | £85,000 | 7 CUNNINGHAM CLOSE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 6 Mar 2015. Using an estimated price of £89,799 means this house is valued at £2,494 per sq meter (£231 per sq foot).
The average size of a house on CUNNINGHAM CLOSE is 45 sq meters (493 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Haywards Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hevingham Drive |