£392,598
This estimated value is based upon the latest sale price for the house of £310,000 on 12 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
Price Paid | Date |
---|---|
£310,000 | 12 Dec 2017 |
£73,500 | 4 Aug 1997 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £310,000 results in an estimated price of approximately £392,598.
12 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £310,000 | £82,598 | £392,598 |
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 | 16.397 % | £50,830 | £360,830 |
3 Month Average | 19.416 % | £60,190 | £370,190 |
6 Month Average | 18.605 % | £57,675 | £367,675 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £327,437 | £320,000 | 21 MILLBROOK GARDENS |
22 Sep 2023 | £565,465 | £553,000 | 9 WHALEBONE GROVE |
6 Apr 2023 | £512,078 | £502,500 | 7 WHALEBONE AVENUE |
12 Apr 2022 | £829,938 | £800,000 | 1 HAINAULT GORE |
14 Dec 2021 | £296,810 | £275,000 | 11 MILLBROOK GARDENS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Sep 2015. Using an estimated price of £392,598 means this house is valued at £4,907 per sq meter (£455 per sq foot).
The average size of a house on HAINAULT GORE is 101 sq meters (1,089 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Hainault Gore |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hainault Gore |
Apr 2024 | Public order | Under investigation | On or near Hainault Gore |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Hainault Gore |
Apr 2024 | Anti-social behaviour | On or near Millbrook Gardens |