£527,978
This estimated value is based upon the latest sale price for the house of £280,000 on 17 Dec 2004. 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 |
|---|---|
| £280,000 | 17 Dec 2004 |
| Terraced |
| Freehold |
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 December 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £280,000 results in an estimated price of approximately £527,978.
| 17 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £280,000 | £247,978 | £527,978 |
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 | 68.747 % | £192,492 | £472,492 |
| 3 Month Average | 62.841 % | £175,953 | £455,953 |
| 6 Month Average | 52.253 % | £146,309 | £426,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £270,000 | £270,000 | 33 MADELEINE CLOSE |
| 24 Feb 2023 | £254,829 | £255,000 | 41 MADELEINE CLOSE |
| 15 Jul 2022 | £428,153 | £427,000 | 2 MADELEINE CLOSE |
| 24 Jun 2022 | £603,529 | £595,000 | 161 GROVE ROAD |
| 30 Nov 2021 | £381,774 | £353,000 | 149 GROVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Quarles Park Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quarles Park Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Madeleine Close |