£667,091
This estimated value is based upon the latest sale price for the house of £505,000 on 16 Dec 2016. 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 |
|---|---|
| £505,000 | 16 Dec 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £505,000 results in an estimated price of approximately £667,091.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £505,000 | £162,091 | £667,091 |
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 | 17.269 % | £87,206 | £592,206 |
| 3 Month Average | -3.119 % | £-15,749 | £489,250 |
| 6 Month Average | 9.936 % | £50,179 | £555,179 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £199,396 | £195,000 | FLAT 33 ROSEWOOD COURT CHADWELL HEATH LANE |
| 18 Feb 2022 | £242,985 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
| 22 Dec 2021 | £512,671 | £475,000 | 22 ROCHFORD AVENUE |
| 8 Nov 2021 | £664,607 | £610,000 | 26 ROCHFORD AVENUE |
| 28 Aug 2020 | £549,614 | £455,000 | 35 TENDRING WAY |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 23 Mar 2016. Using an estimated price of £667,091 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on ONGAR CLOSE is 167 sq meters (1,797 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other crime | Under investigation | On or near Ongar Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ongar Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ongar Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ongar Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |