£460,464
This estimated value is based upon the latest sale price for the house of £370,000 on 11 Jan 2019. 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 |
|---|---|
| £370,000 | 11 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £370,000 results in an estimated price of approximately £460,464.
| 11 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £370,000 | £90,464 | £460,464 |
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 | 43.611 % | £161,361 | £531,361 |
| 3 Month Average | 1.406 % | £5,201 | £375,201 |
| 6 Month Average | 12.358 % | £45,724 | £415,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 15 Aug 2022 | £470,199 | £468,000 | 34 MORLEY ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 19 Mar 2019. Using an estimated price of £460,465 means this house is valued at £4,303 per sq meter (£399 per sq foot).
The average size of a house on MORLEY ROAD is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beresford Gardens |
| Oct 2024 | Other theft | Under investigation | On or near Beresford Gardens |
| Oct 2024 | Possession of weapons | Under investigation | On or near Beresford Gardens |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Beresford Gardens |