£188,262
This estimated value is based upon the latest sale price for the house of £38,000 on 31 Oct 1997. 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 |
---|---|
£38,000 | 31 Oct 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 October 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £38,000 results in an estimated price of approximately £188,262.
31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £38,000 | £150,262 | £188,262 |
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 | 315.484 % | £119,883 | £157,883 |
3 Month Average | 392.686 % | £149,220 | £187,220 |
6 Month Average | 343.760 % | £130,628 | £168,628 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £2,030 | £2,000 | 1026 HIGH ROAD |
29 Aug 2023 | £433,795 | £430,000 | 1037 - 1039 HIGH ROAD |
8 Sep 2022 | £270,317 | £272,500 | 990 HIGH ROAD |
7 Mar 2022 | £298,444 | £288,000 | 996 HIGH ROAD |
4 Feb 2022 | £293,634 | £280,000 | 982 HIGH ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 22 Mar 2017. Using an estimated price of £188,263 means this house is valued at £3,137 per sq meter (£291 per sq foot).
The average size of a house on HIGH ROAD is 65 sq meters (701 sq feet).