£394,339
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Oct 2018. 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 |
|---|---|
| £320,000 | 31 Oct 2018 |
| £68,000 | 22 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £320,000 results in an estimated price of approximately £394,339.
| 31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £320,000 | £74,339 | £394,339 |
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 | -8.895 % | £-28,464 | £291,535 |
| 3 Month Average | 18.193 % | £58,219 | £378,219 |
| 6 Month Average | 2.023 % | £6,472 | £326,472 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £380,635 | £375,000 | 64 UPLANDS ROAD |
| 23 Aug 2023 | £255,233 | £253,000 | 53 REYNOLDS COURT |
| 11 Mar 2022 | £362,692 | £350,000 | 17 PADNALL ROAD |
| 18 Jun 2021 | £348,700 | £325,000 | 12 ARNEWAYS AVENUE |
| 4 Jun 2021 | £343,336 | £320,000 | 4 ETHEL COTTAGES PADNALL ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 31 Aug 2017. Using an estimated price of £394,339 means this house is valued at £4,694 per sq meter (£436 per sq foot).
The average size of a house on DANBURY CLOSE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Danbury Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newhouse Avenue |