£277,203
This estimated value is based upon the latest sale price for the house of £278,500 on 28 Nov 2022. 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 |
|---|---|
| £278,500 | 28 Nov 2022 |
| £179,995 | 30 Oct 2014 |
| £40,000 | 12 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 November 2022 the House Price Index for GREATER LONDON was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £278,500 results in an estimated price of approximately £277,203.
| 28 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £278,500 | £-1,296 | £277,203 |
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 | -13.752 % | £-38,299 | £240,200 |
| 3 Month Average | -7.170 % | £-19,969 | £258,530 |
| 6 Month Average | -3.754 % | £-10,454 | £268,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £385,929 | £380,000 | 4 THE CHASE |
| 15 Dec 2023 | £206,340 | £200,000 | 10 CRAVEN COURT MILL LANE |
| 21 Nov 2023 | £395,027 | £385,000 | 12 KELLY WAY |
| 15 Nov 2023 | £538,674 | £525,000 | 4 WILLOW ROAD |
| 25 Aug 2023 | £407,347 | £400,000 | 4 KELLY WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 28 Jul 2014. Using an estimated price of £277,204 means this house is valued at £5,040 per sq meter (£468 per sq foot).
The average size of a house on MILL LANE is 83 sq meters (902 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
| Aug 2024 | Anti-social behaviour | On or near Willow Road | |
| Aug 2024 | Anti-social behaviour | On or near Willow Road | |
| Aug 2024 | Anti-social behaviour | On or near Willow Road | |
| Aug 2024 | Anti-social behaviour | On or near Willow Road |