£367,066
This estimated value is based upon the latest sale price for the house of £195,000 on 12 Nov 2004. 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 |
---|---|
£195,000 | 12 Nov 2004 |
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 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £195,000 results in an estimated price of approximately £367,066.
12 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £195,000 | £172,066 | £367,066 |
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 | 64.393 % | £125,565 | £320,565 |
3 Month Average | 91.295 % | £178,025 | £373,025 |
6 Month Average | 75.509 % | £147,243 | £342,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £202,729 | £200,000 | FLAT 28 FRAMLINGHAM COURT NORWICH CRESCENT |
3 Jul 2023 | £501,753 | £495,000 | 6 NORWICH CRESCENT |
30 Jun 2023 | £272,298 | £269,000 | FLAT 29 FRAMLINGHAM COURT NORWICH CRESCENT |
1 Jun 2022 | £452,393 | £446,000 | 13 NORWICH CRESCENT |
5 May 2022 | £270,089 | £265,000 | FLAT 27 SWAFFHAM COURT GLANDFORD WAY |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 10 Apr 2021. Using an estimated price of £367,067 means this house is valued at £6,673 per sq meter (£620 per sq foot).
The average size of a house on NORWICH CRESCENT is 72 sq meters (780 sq feet).