£406,324
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Apr 2016. 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 |
|---|---|
| £300,000 | 15 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2016 the House Price Index for GREATER LONDON was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £300,000 results in an estimated price of approximately £406,324.
| 15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £300,000 | £106,324 | £406,324 |
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 | 74.802 % | £224,405 | £524,405 |
| 3 Month Average | 29.793 % | £89,378 | £389,378 |
| 6 Month Average | 11.364 % | £34,091 | £334,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £283,626 | £280,000 | 118 BILLET ROAD |
| 14 Jul 2023 | £442,962 | £437,000 | 3 LAWN FARM GROVE |
| 23 Mar 2023 | £429,042 | £425,000 | 12 LAWN FARM GROVE |
| 20 Jan 2023 | £413,054 | £415,000 | 235 ROSE LANE |
| 15 Jul 2022 | £381,026 | £380,000 | 193 ROSE LANE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Feb 2016. Using an estimated price of £406,325 means this house is valued at £5,566 per sq meter (£517 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Gibbfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gibbfield Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gibbfield Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gibbfield Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mead Grove |