£448,168
This estimated value is based upon the latest sale price for the house of £355,000 on 19 Mar 2018. 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 |
|---|---|
| £355,000 | 19 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £355,000 results in an estimated price of approximately £448,168.
| 19 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £355,000 | £93,168 | £448,168 |
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 | 83.434 % | £296,191 | £651,191 |
| 3 Month Average | 19.382 % | £68,805 | £423,805 |
| 6 Month Average | 28.010 % | £99,434 | £454,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £460,458 | £450,000 | 127 GRESHAM DRIVE |
| 28 Mar 2023 | £504,424 | £496,000 | 147 GRESHAM DRIVE |
| 28 Oct 2022 | £458,469 | £460,000 | 87 GRESHAM DRIVE |
| 5 May 2022 | £272,088 | £265,000 | FLAT 27 SWAFFHAM COURT GLANDFORD WAY |
| 11 Feb 2022 | £475,406 | £450,000 | 46 GRESHAM DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 2 Nov 2017. Using an estimated price of £448,168 means this house is valued at £5,673 per sq meter (£527 per sq foot).
The average size of a house on GRESHAM DRIVE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Millhaven Close | |
| Nov 2024 | Anti-social behaviour | On or near Millhaven Close | |
| Nov 2024 | Anti-social behaviour | On or near Millhaven Close | |
| Nov 2024 | Anti-social behaviour | On or near Millhaven Close | |
| Sep 2024 | Anti-social behaviour | On or near Millhaven Close |