£370,950
This estimated value is based upon the latest sale price for the house of £241,000 on 14 Jul 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
Price Paid | Date |
---|---|
£241,000 | 14 Jul 2014 |
£62,000 | 27 Feb 1997 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £241,000 results in an estimated price of approximately £370,950.
14 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £241,000 | £129,950 | £370,950 |
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 | 37.463 % | £90,286 | £331,286 |
3 Month Average | 43.056 % | £103,765 | £344,765 |
6 Month Average | 53.808 % | £129,676 | £370,676 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jun 2024 | £372,000 | £372,000 | 20 EAST ROAD |
15 Dec 2023 | £206,340 | £200,000 | 10 CRAVEN COURT MILL LANE |
21 Nov 2023 | £395,027 | £385,000 | 12 KELLY WAY |
25 Aug 2023 | £407,347 | £400,000 | 4 KELLY WAY |
28 Nov 2022 | £277,204 | £278,500 | FLAT 3 99 MILL LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 4 Apr 2019. Using an estimated price of £370,951 means this house is valued at £3,636 per sq meter (£337 per sq foot).
The average size of a house on KELLY WAY is 92 sq meters (999 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near The Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Close |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Beresford Gardens |