£459,644
This estimated value is based upon the latest sale price for the house of £370,000 on 24 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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6 Tudor Parade, Chadwell Heath, Romford, RM6 6PS
Phone: 02081282440
Price Paid | Date |
---|---|
£370,000 | 24 May 2018 |
£42,000 | 28 Jun 1996 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.228%.Applying this 24.228% change to the original purchase price of £370,000 results in an estimated price of approximately £459,644.
24 May 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.0 | 24.228 % | £370,000 | £89,644 | £459,644 |
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 | -10.002 % | £-37,007 | £332,992 |
3 Month Average | 26.658 % | £98,633 | £468,633 |
6 Month Average | 13.864 % | £51,298 | £421,298 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £385,000 | £385,000 | 39 KENNETH ROAD |
21 Jul 2023 | £383,629 | £380,000 | 39 HEATH ROAD |
31 Oct 2022 | £408,921 | £415,000 | 15 KENNETH ROAD |
22 Jul 2022 | £471,363 | £472,000 | 28 CECIL ROAD |
21 Jun 2022 | £410,157 | £406,000 | 41 KENNETH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Jan 2018. Using an estimated price of £459,645 means this house is valued at £4,690 per sq meter (£435 per sq foot).
The average size of a house on HEATH ROAD is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Heath Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Heath Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Heath Road |