£187,476
This estimated value is based upon the latest sale price for the house of £105,500 on 8 Feb 2006. 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 |
---|---|
£105,500 | 8 Feb 2006 |
£22,500 | 4 Dec 1998 |
£45,000 | 14 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 February 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £105,500 results in an estimated price of approximately £187,476.
8 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 148.6 | 77.703 % | £105,500 | £81,976 | £187,476 |
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 | 71.177 % | £75,092 | £180,592 |
3 Month Average | 91.610 % | £96,649 | £202,149 |
6 Month Average | 75.065 % | £79,193 | £184,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Feb 2022 | £241,200 | £230,000 | FLAT 49 ROSEWOOD COURT CHADWELL HEATH LANE |
22 Dec 2021 | £508,904 | £475,000 | 22 ROCHFORD AVENUE |
8 Nov 2021 | £659,723 | £610,000 | 26 ROCHFORD AVENUE |
1 Jul 2020 | £671,107 | £555,000 | 286 CHADWELL HEATH LANE |
9 Apr 2020 | £537,680 | £438,000 | 41 TENDRING WAY |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 Dec 2017. Using an estimated price of £187,477 means this house is valued at £4,166 per sq meter (£387 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Rochford Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Donald Drive |