£143,277
This estimated value is based upon the latest sale price for the house of £95,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
Price Paid | Date |
---|---|
£95,000 | 23 Oct 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £95,000 results in an estimated price of approximately £143,277.
23 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £95,000 | £48,277 | £143,277 |
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 | 147.889 % | £140,494 | £235,494 |
3 Month Average | 49.432 % | £46,960 | £141,960 |
6 Month Average | 56.088 % | £53,283 | £148,283 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £199,396 | £195,000 | FLAT 33 ROSEWOOD COURT CHADWELL HEATH LANE |
18 Feb 2022 | £242,985 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
22 Dec 2021 | £512,671 | £475,000 | 22 ROCHFORD AVENUE |
8 Nov 2021 | £664,607 | £610,000 | 26 ROCHFORD AVENUE |
1 Jul 2020 | £676,075 | £555,000 | 286 CHADWELL HEATH LANE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Dec 2013. Using an estimated price of £143,278 means this house is valued at £3,183 per sq meter (£295 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Ongar Close |