£211,860
This estimated value is based upon the latest sale price for the house of £99,995 on 2 Feb 2004. 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 |
---|---|
£99,995 | 2 Feb 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £99,995 results in an estimated price of approximately £211,860.
2 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 148.6 | 111.871 % | £99,995 | £111,865 | £211,860 |
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 | 105.693 % | £105,687 | £205,682 |
3 Month Average | 88.143 % | £88,139 | £188,134 |
6 Month Average | 71.343 % | £71,339 | £171,334 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £442,962 | £437,000 | 3 LAWN FARM GROVE |
23 Mar 2023 | £429,042 | £425,000 | 12 LAWN FARM GROVE |
15 Jul 2022 | £381,026 | £380,000 | 193 ROSE LANE |
16 Jun 2022 | £456,451 | £450,000 | 17 SHEEPCOTES ROAD |
19 May 2022 | £341,433 | £335,000 | 15 SHEEPCOTES ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 6 Jan 2016. Using an estimated price of £211,861 means this house is valued at £3,070 per sq meter (£285 per sq foot).
The average size of a house on ROSE LANE is 81 sq meters (880 sq feet).
Date | Crime | Outcome | Where |
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Jan 2024 | Anti-social behaviour | On or near Rose Lane | |
Jan 2024 | Drugs | Local resolution | On or near Rose Lane |
Jan 2024 | Anti-social behaviour | On or near Rose Lane | |
Jan 2024 | Anti-social behaviour | On or near Rose Lane | |
Jan 2024 | Anti-social behaviour | On or near Rose Lane |