£421,645
This estimated value is based upon the latest sale price for the house of £243,500 on 6 Jan 2012. 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 |
---|---|
£243,500 | 6 Jan 2012 |
£190,000 | 12 Jul 2005 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 975 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 January 2012 the House Price Index for GREATER LONDON was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £243,500 results in an estimated price of approximately £421,645.
6 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.5 | 149.7 | 73.160 % | £243,500 | £178,145 | £421,645 |
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 | 56.595 % | £137,807 | £381,307 |
3 Month Average | 90.589 % | £220,585 | £464,085 |
6 Month Average | 76.876 % | £187,193 | £430,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2024 | £230,000 | £230,000 | 10B THE PINNACLE, 156 - 162 HIGH ROAD |
22 Apr 2024 | £462,517 | £458,500 | 29 FARRANCE ROAD |
6 Nov 2023 | £420,679 | £410,000 | 23 BENNETT ROAD |
10 Oct 2023 | £414,412 | £405,000 | 29 BENNETT ROAD |
25 Aug 2023 | £402,255 | £395,000 | 32 FARRANCE ROAD |
This house has a floor area of 90 sq meters or 975 sq feet when measured on 24 Sep 2009. Using an estimated price of £421,645 means this house is valued at £4,650 per sq meter (£432 per sq foot).
The average size of a house on MORDEN ROAD is 107 sq meters (1,155 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Public order | Under investigation | On or near Morden Road |
Sep 2024 | Public order | Local resolution | On or near Morden Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morden Road |
Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Morden Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Morden Road |