£240,919
This estimated value is based upon the latest sale price for the house of £95,000 on 12 Dec 2002. 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 |
|---|---|
| £95,000 | 12 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 2002 the House Price Index for GREATER LONDON was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £95,000 results in an estimated price of approximately £240,919.
| 12 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £95,000 | £145,919 | £240,919 |
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 | 124.417 % | £118,196 | £213,196 |
| 3 Month Average | 122.679 % | £116,545 | £211,545 |
| 6 Month Average | 102.809 % | £97,668 | £192,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £409,668 | £402,500 | 35 HAINAULT ROAD |
| 10 Jun 2022 | £492,967 | £486,000 | 18 ALBANY ROAD |
| 24 May 2022 | £305,761 | £300,000 | 10A ALBANY ROAD |
| 13 Apr 2022 | £360,430 | £350,000 | 14 HAINAULT ROAD |
| 7 Mar 2022 | £378,236 | £365,000 | 40 HAINAULT ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Nov 2021. Using an estimated price of £240,920 means this house is valued at £3,491 per sq meter (£324 per sq foot).
The average size of a house on ALBANY ROAD is 100 sq meters (1,079 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Albany Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Albany Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Dec 2023 | Anti-social behaviour | On or near Petrol Station |