£669,244
This estimated value is based upon the latest sale price for the house of £480,000 on 21 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
Price Paid | Date |
---|---|
£480,000 | 21 Dec 2015 |
£380,000 | 27 Oct 2006 |
£249,995 | 13 Mar 2001 |
Detached |
Freehold |
Floor Area: 188 sq meters or 2,033 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £480,000 results in an estimated price of approximately £669,244.
21 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £480,000 | £189,244 | £669,244 |
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 | 57.828 % | £277,575 | £757,575 |
3 Month Average | 22.162 % | £106,378 | £586,378 |
6 Month Average | 28.002 % | £134,407 | £614,407 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £384,767 | £375,000 | 90 WHALEBONE GROVE |
10 Nov 2023 | £564,325 | £550,000 | 45 WHALEBONE GROVE |
1 Jul 2022 | £484,858 | £480,000 | 57 HAINAULT ROAD |
24 May 2022 | £308,025 | £300,000 | 10A ALBANY ROAD |
20 Dec 2021 | £474,895 | £440,000 | 31 ALBANY ROAD |
This house has a floor area of 188 sq meters or 2,033 sq feet when measured on 4 Feb 2010. Using an estimated price of £669,244 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on ALBANY ROAD is 100 sq meters (1,079 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,033 sq feet).