£343,273
This estimated value is based upon the latest sale price for the house of £75,995 on 19 Feb 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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105 East Road, Chadwell Heath, Romford, RM6 6YJ
Phone: 02030077365
Price Paid | Date |
---|---|
£75,995 | 19 Feb 1999 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 943 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 1999 the House Price Index for GREATER LONDON was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £75,995 results in an estimated price of approximately £343,273.
19 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.9 | 148.6 | 351.705 % | £75,995 | £267,278 | £343,273 |
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 | 312.561 % | £237,530 | £313,525 |
3 Month Average | 348.747 % | £265,030 | £341,025 |
6 Month Average | 307.812 % | £233,921 | £309,916 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £283,626 | £280,000 | 118 BILLET ROAD |
20 Jan 2023 | £413,054 | £415,000 | 235 ROSE LANE |
15 Jul 2022 | £381,026 | £380,000 | 193 ROSE LANE |
25 Feb 2022 | £424,721 | £405,000 | 1 KINGSTON HILL AVENUE |
10 Dec 2021 | £401,766 | £375,000 | 166 BILLET ROAD |
This house has a floor area of 87 sq meters or 943 sq feet when measured on 6 Apr 2009. Using an estimated price of £343,273 means this house is valued at £3,914 per sq meter (£363 per sq foot).
The average size of a house on MEAD GROVE is 140 sq meters (1,517 sq feet).
This house is the smallest in the street with a floor area of 87 sq meters (943 sq feet).