£432,390
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Oct 2019. 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 |
|---|---|
| £350,000 | 11 Oct 2019 |
| 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £350,000 results in an estimated price of approximately £432,390.
| 11 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £350,000 | £82,390 | £432,390 |
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 | -14.690 % | £-51,413 | £298,586 |
| 3 Month Average | -4.926 % | £-17,242 | £332,757 |
| 6 Month Average | 16.551 % | £57,929 | £407,929 |
| 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 |
| 25 Aug 2023 | £402,255 | £395,000 | 32 FARRANCE ROAD |
| 24 Feb 2023 | £447,993 | £445,000 | 34 WOODLANDS AVENUE |
| 21 Feb 2022 | £457,446 | £433,000 | 5 FARRANCE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 May 2009. Using an estimated price of £432,390 means this house is valued at £5,146 per sq meter (£478 per sq foot).
The average size of a house on FARRANCE ROAD is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrance Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farrance Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farrance Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Farrance Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Farrance Road |