£359,305
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Oct 2014. 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 |
|---|---|
| £240,000 | 28 Oct 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £240,000 results in an estimated price of approximately £359,305.
| 28 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £240,000 | £119,305 | £359,305 |
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 | 83.544 % | £200,506 | £440,506 |
| 3 Month Average | 29.319 % | £70,365 | £310,365 |
| 6 Month Average | 22.092 % | £53,021 | £293,021 |
| 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 |
| 11 Apr 2022 | £396,473 | £385,000 | 20 LONGHAYES AVENUE |
| 2 Sep 2021 | £344,830 | £320,000 | 203 ROSE LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 22 Aug 2014. Using an estimated price of £359,306 means this house is valued at £4,381 per sq meter (£407 per sq foot).
The average size of a house on ROSE LANE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tantony Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tantony Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tantony Grove |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tantony Grove |
| Dec 2023 | Anti-social behaviour | On or near Mead Grove |