£142,305
This estimated value is based upon the latest sale price for the house of £97,500 on 27 May 2015. 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 |
---|---|
£97,500 | 27 May 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £97,500 results in an estimated price of approximately £142,305.
27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £97,500 | £44,805 | £142,305 |
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 | 22.462 % | £21,900 | £119,400 |
3 Month Average | 52.005 % | £50,704 | £148,204 |
6 Month Average | 33.459 % | £32,622 | £130,122 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Feb 2022 | £241,200 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
22 Dec 2021 | £508,904 | £475,000 | 22 ROCHFORD AVENUE |
8 Nov 2021 | £659,723 | £610,000 | 26 ROCHFORD AVENUE |
1 Jul 2020 | £671,107 | £555,000 | 286 CHADWELL HEATH LANE |
9 Apr 2020 | £537,680 | £438,000 | 41 TENDRING WAY |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 16 Feb 2015. Using an estimated price of £142,305 means this house is valued at £3,093 per sq meter (£287 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Tendring Way | |
Apr 2024 | Other crime | Under investigation | On or near Ongar Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ongar Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |
Feb 2024 | Anti-social behaviour | On or near Donald Drive |