£366,171
This estimated value is based upon the latest sale price for the house of £215,000 on 3 Aug 2012. 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 |
|---|---|
| £215,000 | 3 Aug 2012 |
| £110,000 | 12 Apr 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 954 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £215,000 results in an estimated price of approximately £366,171.
| 3 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £215,000 | £151,171 | £366,171 |
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 | 56.474 % | £121,420 | £336,420 |
| 3 Month Average | 41.715 % | £89,687 | £304,687 |
| 6 Month Average | 35.880 % | £77,142 | £292,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £203,562 | £200,000 | 10 CRAVEN COURT MILL LANE |
| 21 Nov 2023 | £390,786 | £385,000 | 12 KELLY WAY |
| 22 Sep 2023 | £428,479 | £423,000 | 11 BERESFORD GARDENS |
| 25 Aug 2023 | £403,530 | £400,000 | 4 KELLY WAY |
| 15 Aug 2022 | £466,744 | £468,000 | 34 MORLEY ROAD |
This house has a floor area of 88 sq meters or 954 sq feet when measured on 12 Mar 2012. Using an estimated price of £366,172 means this house is valued at £4,131 per sq meter (£383 per sq foot).
The average size of a house on MORLEY ROAD is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Under investigation | On or near Kelly Way |
| Jan 2024 | Vehicle crime | Under investigation | On or near Morley Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mill Lane |
| Dec 2023 | Vehicle crime | Under investigation | On or near Mill Lane |
| Jan 2024 | Anti-social behaviour | On or near Willow Road |