£118,374
This estimated value is based upon the latest sale price for the house of £69,500 on 15 Feb 2010. 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 |
|---|---|
| £69,500 | 15 Feb 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 784 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 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £69,500 results in an estimated price of approximately £118,374.
| 15 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £69,500 | £48,874 | £118,374 |
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 | 65.910 % | £45,807 | £115,307 |
| 3 Month Average | 95.092 % | £66,089 | £135,589 |
| 6 Month Average | 72.172 % | £50,159 | £119,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £234,096 | £230,000 | 20 HUTCHINSON COURT PADNALL ROAD |
| 21 Aug 2023 | £438,839 | £435,000 | 18 WARREN TERRACE |
| 19 Apr 2023 | £414,463 | £410,000 | 109 PADNALL ROAD |
| 27 Jan 2023 | £467,796 | £470,000 | 6 HAVERING GARDENS |
| 25 Oct 2022 | £476,866 | £482,000 | 72 HAVERING GARDENS |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 9 Dec 2009. Using an estimated price of £118,374 means this house is valued at £1,623 per sq meter (£150 per sq foot).
The average size of a house on PADNALL ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Feb 2024 | Vehicle crime | Under investigation | On or near Park/Open Space |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Park/Open Space |
| Apr 2024 | Public order | Under investigation | On or near Lake Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lake Road |