£562,291
This estimated value is based upon the latest sale price for the house of £148,000 on 11 Apr 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Eric Road
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
Price Paid | Date |
---|---|
£148,000 | 11 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £148,000 results in an estimated price of approximately £562,291.
11 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.1 | 148.6 | 279.926 % | £148,000 | £414,291 | £562,291 |
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 | 255.525 % | £378,177 | £526,177 |
3 Month Average | 317.998 % | £470,637 | £618,637 |
6 Month Average | 277.106 % | £410,116 | £558,116 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £516,958 | £510,000 | 63 CECIL ROAD |
28 Oct 2022 | £394,685 | £398,935 | 73 KENNETH ROAD |
15 Sep 2022 | £451,355 | £455,000 | 60 CECIL ROAD |
22 Apr 2022 | £427,367 | £415,000 | 58 KENNETH ROAD |
24 Nov 2021 | £443,421 | £410,000 | 62 ERIC ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 22 Dec 2014. Using an estimated price of £562,291 means this house is valued at £5,065 per sq meter (£470 per sq foot).
The average size of a house on ERIC ROAD is 86 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Eric Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Eric Road |
Feb 2024 | Burglary | Under investigation | On or near Eric Road |
Feb 2024 | Burglary | Under investigation | On or near Eric Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near St Chad'S Road |