£500,283
This estimated value is based upon the latest sale price for the house of £405,000 on 22 Feb 2019. 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 |
|---|---|
| £405,000 | 22 Feb 2019 |
| £65,000 | 9 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £405,000 results in an estimated price of approximately £500,283.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £405,000 | £95,283 | £500,283 |
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 | 5.840 % | £23,650 | £428,650 |
| 3 Month Average | 8.077 % | £32,710 | £437,710 |
| 6 Month Average | -5.299 % | £-21,462 | £383,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2023 | £423,995 | £420,000 | 135 BRIAN ROAD |
| 10 Feb 2023 | £557,625 | £558,000 | 182 HAVERING GARDENS |
| 15 May 2022 | £509,602 | £500,000 | 113 BRIAN ROAD |
| 18 Feb 2022 | £487,643 | £465,000 | 96 SOMERVILLE ROAD |
| 10 Jan 2022 | £479,898 | £456,000 | 169 SOMERVILLE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Aug 2018. Using an estimated price of £500,284 means this house is valued at £6,760 per sq meter (£628 per sq foot).
The average size of a house on SOMERVILLE ROAD is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Fields Park Crescent |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerville Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |