£167,292
This estimated value is based upon the latest sale price for the house of £155,000 on 6 Dec 2021. 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 |
|---|---|
| £155,000 | 6 Dec 2021 |
| £105,000 | 14 Oct 2016 |
| £94,994 | 27 May 2004 |
| £50,000 | 17 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £155,000 results in an estimated price of approximately £167,292.
| 6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £155,000 | £12,292 | £167,292 |
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 | 14.110 % | £21,870 | £176,870 |
| 3 Month Average | -1.776 % | £-2,752 | £152,247 |
| 6 Month Average | 9.768 % | £15,139 | £170,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £227,000 | £227,000 | 59 PORTLAND CLOSE |
| 22 Apr 2024 | £101,885 | £101,000 | 24 PORTLAND CLOSE |
| 9 Feb 2023 | £432,892 | £430,000 | 53 PORTLAND GARDENS |
| 4 Jan 2023 | £516,380 | £515,000 | 59 PORTLAND GARDENS |
| 25 Feb 2022 | £951,868 | £901,000 | FLAT 1 KEITH LAUDER HOUSE PORTLAND GARDENS |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 16 Aug 2021. Using an estimated price of £167,293 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on PORTLAND CLOSE is 45 sq meters (490 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Portland Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Portland Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Portland Close |