£313,292
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Mar 2018. 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 |
|---|---|
| £250,000 | 9 Mar 2018 |
| Flats/Maisonettes |
| Leasehold |
| 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £250,000 results in an estimated price of approximately £313,292.
| 9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £250,000 | £63,292 | £313,292 |
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 | 69.455 % | £173,637 | £423,637 |
| 3 Month Average | 12.606 % | £31,514 | £281,514 |
| 6 Month Average | 2.290 % | £5,725 | £255,725 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £234,096 | £230,000 | 20 HUTCHINSON COURT PADNALL ROAD |
| 21 Aug 2023 | £438,839 | £435,000 | 18 WARREN TERRACE |
| 19 Apr 2023 | £414,463 | £410,000 | 109 PADNALL ROAD |
| 27 Jan 2023 | £467,796 | £470,000 | 6 HAVERING GARDENS |
| 25 Oct 2022 | £476,866 | £482,000 | 72 HAVERING GARDENS |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Jul 2018. Using an estimated price of £313,292 means this house is valued at £4,233 per sq meter (£393 per sq foot).
The average size of a house on PADNALL ROAD is 80 sq meters (866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Crabtree Avenue |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longhayes Avenue |
| Dec 2023 | Anti-social behaviour | On or near Longhayes Avenue | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longhayes Avenue |
| Dec 2023 | Anti-social behaviour | On or near Longhayes Avenue |