£316,276
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Burns Avenue
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1885 High Road, Chadwell Heath, RM6 4AL
Phone: 02081667329
| Price Paid | Date |
|---|---|
| £245,000 | 17 Mar 2017 |
| £137,500 | 25 Sep 2009 |
| £52,500 | 12 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 544 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 29.093%.Applying this 29.093% change to the original purchase price of £245,000 results in an estimated price of approximately £316,276.
| 17 Mar 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.0 | 29.093 % | £245,000 | £71,276 | £316,276 |
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 | -6.202 % | £-15,194 | £229,805 |
| 3 Month Average | 16.813 % | £41,192 | £286,192 |
| 6 Month Average | 9.806 % | £24,024 | £269,024 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Feb 2023 | £258,776 | £260,000 | 77 BURNS AVENUE |
| 27 Jan 2023 | £221,554 | £223,500 | 2 MILTON COURT |
| 11 Nov 2022 | £263,723 | £268,000 | 131 BURNS AVENUE |
| 16 Dec 2021 | £240,087 | £225,000 | 127 BURNS AVENUE |
| 12 Nov 2021 | £263,901 | £245,000 | 63 BURNS AVENUE |
This house has a floor area of 50 sq meters or 544 sq feet when measured on 31 Mar 2009. Using an estimated price of £316,277 means this house is valued at £6,250 per sq meter (£580 per sq foot).
The average size of a house on OVERTON DRIVE is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burns Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Burns Avenue |