£523,514
This estimated value is based upon the latest sale price for the house of £422,300 on 19 Aug 2019. 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 |
---|---|
£422,300 | 19 Aug 2019 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £422,300 results in an estimated price of approximately £523,514.
19 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £422,300 | £101,214 | £523,514 |
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 | -3.812 % | £-16,097 | £406,202 |
3 Month Average | 39.125 % | £165,225 | £587,525 |
6 Month Average | 22.631 % | £95,570 | £517,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £109,634 | £110,000 | 8 CUNNINGHAM CLOSE |
20 Oct 2022 | £149,501 | £150,000 | 45 CUNNINGHAM CLOSE |
27 Sep 2022 | £164,890 | £165,000 | 10 CUNNINGHAM CLOSE |
11 Mar 2022 | £93,954 | £90,000 | 16 CUNNINGHAM CLOSE |
25 Feb 2022 | £89,799 | £85,000 | 7 CUNNINGHAM CLOSE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 6 Jul 2018. Using an estimated price of £523,514 means this house is valued at £4,632 per sq meter (£430 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Haywards Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haywards Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haywards Close |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dunmow Close |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Tendring Way |