£473,278
This estimated value is based upon the latest sale price for the house of £460,000 on 6 Jul 2023. 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 |
---|---|
£460,000 | 6 Jul 2023 |
Terraced |
Freehold |
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 2023 the House Price Index for GREATER LONDON was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £460,000 results in an estimated price of approximately £473,278.
6 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £460,000 | £13,278 | £473,278 |
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 | -31.930 % | £-146,876 | £313,123 |
3 Month Average | -20.183 % | £-92,842 | £367,157 |
6 Month Average | -6.498 % | £-29,892 | £430,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £412,439 | £405,000 | 144 CHADWELL HEATH LANE |
3 Nov 2022 | £399,134 | £401,000 | 4 SOMERVILLE ROAD |
28 Jan 2022 | £487,691 | £460,000 | 108 CHADWELL HEATH LANE |
21 Dec 2021 | £615,206 | £570,000 | 134 CHADWELL HEATH LANE |
28 Sep 2021 | £521,073 | £480,000 | 127 CHADWELL HEATH LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Under investigation | On or near Third Avenue |
Oct 2024 | Other crime | Unable to prosecute suspect | On or near Third Avenue |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Third Avenue |
Sep 2024 | Other crime | Under investigation | On or near Third Avenue |
Aug 2024 | Anti-social behaviour | On or near Third Avenue |