£220,623
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jul 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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98 High Road, Chadwell Heath, Romford, RM6 6NX
Phone: 02036418442
| Price Paid | Date |
|---|---|
| £120,000 | 29 Jul 2005 |
| £35,000 | 4 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 July 2005 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £120,000 results in an estimated price of approximately £220,623.
| 29 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £120,000 | £100,623 | £220,623 |
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 | 72.684 % | £87,220 | £207,220 |
| 3 Month Average | 95.422 % | £114,506 | £234,506 |
| 6 Month Average | 78.029 % | £93,635 | £213,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2020 | £330,416 | £285,000 | FLAT 39 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
| 8 Oct 2019 | £1,042,375 | £850,000 | 31 - 35 MILL LANE |
| 11 Sep 2019 | £386,494 | £315,000 | FLAT 69 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
| 2 Jul 2019 | £252,842 | £205,000 | FLAT 55 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
| 2 May 2019 | £327,576 | £265,000 | FLAT 75 NEW ENTERPRISE HOUSE, 149 - 151 HIGH ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 18 Apr 2019. Using an estimated price of £220,623 means this house is valued at £4,596 per sq meter (£427 per sq foot).
The average size of a house on MILL LANE is 83 sq meters (902 sq feet).