£225,852
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Feb 1999. 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 |
|---|---|
| £50,000 | 15 Feb 1999 |
| £37,000 | 1 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 659 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 1999 the House Price Index for GREATER LONDON was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £50,000 results in an estimated price of approximately £225,852.
| 15 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £50,000 | £175,852 | £225,852 |
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 | 312.561 % | £156,280 | £206,280 |
| 3 Month Average | 348.747 % | £174,373 | £224,373 |
| 6 Month Average | 307.812 % | £153,906 | £203,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £203,562 | £200,000 | 10 CRAVEN COURT MILL LANE |
| 15 Nov 2023 | £532,889 | £525,000 | 4 WILLOW ROAD |
| 22 Sep 2023 | £428,479 | £423,000 | 11 BERESFORD GARDENS |
| 24 Apr 2023 | £520,605 | £515,000 | 61 ASHTON GARDENS |
| 21 Apr 2023 | £473,094 | £468,000 | 22 WILLOW ROAD |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 5 Feb 2009. Using an estimated price of £225,853 means this house is valued at £3,688 per sq meter (£342 per sq foot).
The average size of a house on MILL LANE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Kelly Way | |
| Apr 2024 | Anti-social behaviour | On or near Willow Road | |
| Apr 2024 | Anti-social behaviour | On or near Willow Road | |
| Mar 2024 | Anti-social behaviour | On or near Willow Road | |
| Jan 2024 | Anti-social behaviour | On or near Willow Road |