£518,173
This estimated value is based upon the latest sale price for the house of £422,500 on 14 Nov 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 |
---|---|
£422,500 | 14 Nov 2019 |
Semi-Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £422,500 results in an estimated price of approximately £518,173.
14 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £422,500 | £95,673 | £518,173 |
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 | -17.312 % | £-73,143 | £349,356 |
3 Month Average | -10.887 % | £-45,998 | £376,501 |
6 Month Average | -9.677 % | £-40,885 | £381,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jul 2023 | £451,071 | £445,000 | 7 DUNMOW CLOSE |
14 Jul 2023 | £134,814 | £133,000 | 44 CUNNINGHAM CLOSE |
28 Oct 2022 | £108,828 | £110,000 | 8 CUNNINGHAM CLOSE |
20 Oct 2022 | £148,402 | £150,000 | 45 CUNNINGHAM CLOSE |
27 Sep 2022 | £163,678 | £165,000 | 10 CUNNINGHAM CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 19 Mar 2019. Using an estimated price of £518,173 means this house is valued at £5,130 per sq meter (£476 per sq foot).
The average size of a house on CHADWELL HEATH LANE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Road |
Jan 2024 | Public order | Under investigation | On or near Haywards Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Haywards Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Randolph Grove |
Dec 2023 | Anti-social behaviour | On or near Randolph Grove |