£223,214
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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35 High Road, Chadwell Heath, Romford, RM6 6QJ
Phone: 02034783602
Price Paid | Date |
---|---|
£115,000 | 9 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 100 sq meters or 1,087 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 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £115,000 results in an estimated price of approximately £223,214.
9 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 149.7 | 94.099 % | £115,000 | £108,214 | £223,214 |
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 | 101.196 % | £116,375 | £231,375 |
3 Month Average | 79.114 % | £90,980 | £205,980 |
6 Month Average | 98.893 % | £113,726 | £228,726 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £225,730 | £220,000 | 3 CHADVIEW COURT |
11 Aug 2023 | £432,806 | £425,000 | 5 JAPAN ROAD |
6 Sep 2022 | £249,833 | £250,000 | 16 HIGH ROAD |
4 May 2022 | £1,027 | £1,000 | 3 TUDOR PARADE |
3 May 2022 | £222,805 | £217,000 | 36B HIGH ROAD |
This house has a floor area of 100 sq meters or 1,087 sq feet when measured on 10 Mar 2009. Using an estimated price of £223,214 means this house is valued at £2,210 per sq meter (£205 per sq foot).
The average size of a house on HIGH ROAD is 65 sq meters (701 sq feet).