£487,642
This estimated value is based upon the latest sale price for the house of £465,000 on 18 Feb 2022. 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 |
|---|---|
| £465,000 | 18 Feb 2022 |
| £218,000 | 21 Aug 2009 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £465,000 results in an estimated price of approximately £487,642.
| 18 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £465,000 | £22,642 | £487,642 |
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 | -18.494 % | £-85,997 | £379,002 |
| 3 Month Average | 10.077 % | £46,855 | £511,855 |
| 6 Month Average | -2.450 % | £-11,391 | £453,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £473,281 | £465,000 | 169 HAVERING GARDENS |
| 10 Feb 2023 | £557,625 | £558,000 | 182 HAVERING GARDENS |
| 18 Feb 2022 | £487,643 | £465,000 | 96 SOMERVILLE ROAD |
| 10 Jan 2022 | £479,898 | £456,000 | 169 SOMERVILLE ROAD |
| 30 Jun 2021 | £482,816 | £450,000 | 88 SOMERVILLE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 14 Feb 2020. Using an estimated price of £487,643 means this house is valued at £5,358 per sq meter (£497 per sq foot).
The average size of a house on SOMERVILLE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Fields Park Crescent |
| Apr 2024 | Anti-social behaviour | On or near Fields Park Crescent | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fields Park Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fields Park Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fields Park Crescent |