£225,842
This estimated value is based upon the latest sale price for the house of £145,000 on 16 May 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1124 High Road, Chadwell Heath, Romford, RM6 4AH
Phone: 02081284607
| Price Paid | Date |
|---|---|
| £145,000 | 16 May 2014 |
| £59,995 | 19 Nov 1999 |
| £48,000 | 18 Jul 1997 |
| £38,000 | 1 Dec 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 May 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £145,000 results in an estimated price of approximately £225,842.
| 16 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £145,000 | £80,842 | £225,842 |
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 | 93.042 % | £134,910 | £279,910 |
| 3 Month Average | 48.872 % | £70,864 | £215,864 |
| 6 Month Average | 60.078 % | £87,113 | £232,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £626,306 | £612,500 | GROUND FLOOR FLAT 160 HERBERT GARDENS |
| 31 Oct 2022 | £348,835 | £350,000 | 16 BROOMFIELD ROAD |
| 16 Jun 2022 | £383,191 | £375,000 | 12 DAIRY MEWS |
| 14 Apr 2022 | £414,969 | £400,000 | 12 BROOMFIELD ROAD |
| 1 Apr 2022 | £248,981 | £240,000 | 13 BEDWELL COURT BROOMFIELD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 Nov 2013. Using an estimated price of £225,842 means this house is valued at £3,584 per sq meter (£333 per sq foot).
The average size of a house on BROOMFIELD ROAD is 65 sq meters (706 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Broomfield Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Broomfield Road |
| Apr 2024 | Other theft | Under investigation | On or near Herbert Gardens |
| Apr 2024 | Anti-social behaviour | On or near Herbert Gardens | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Plantagenet Gardens |