7, CHADWELL AVENUE, ROMFORD, RM6 4QH - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 CHADWELL AVENUE is a midsized extended detached house of 129m², built sometime between 1900 and 1929, which could now be worth an estimated £518,569. It was last sold for £435,000 in February 2020, which was around 53% below the average February 2020 detached price in the Redbridge local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

7 CHADWELL AVENUE Sold Prices

Land registry data shows two sales for 7 CHADWELL AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redbridge local authority area for the corresponding sale date. Both of the two 7 CHADWELL AVENUE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 14 FEB	£435,000	£925,349	53% below HPI
2013 17 JUN	£315,000	£591,067	47% below HPI

7 CHADWELL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redbridge local authority area over time, sourced from the HPI. The two 7 CHADWELL AVENUE sales from June 2013 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2020 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 7 CHADWELL AVENUE be worth now?

7 CHADWELL AVENUE might now be worth an estimated £518,569.

This is based on house price inflation of 19.2%, between February 2020 and February 2025, for detached houses, in the Redbridge local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.2% inflationary increase is applied to the most recent sale price for 7 CHADWELL AVENUE of £435,000 on 14th February 2020. For the value to have increased from £435,000 to £518,569 over the five years to February 2025, the following assumptions must hold true:

• The value of 7 CHADWELL AVENUE has moved in line with the HPI for detached houses in the Redbridge local authority area.
• The February 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHADWELL AVENUE has not materially changed since February 2020.

How Large is 7 CHADWELL AVENUE?

7 CHADWELL AVENUE is 129m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 50% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 7 CHADWELL AVENUE lies on this distribution: 40% of detached houses houses are smaller than 7 CHADWELL AVENUE, and 60% of houses are larger. Note that EPC data is not available for all properties in London.

7 CHADWELL AVENUE: Plot and Title Map

7 CHADWELL AVENUE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 7 CHADWELL AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 CHADWELL AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 CHADWELL AVENUE?

7 CHADWELL AVENUE is located in ROMFORD, in the RM6 postcode district. The below map shows the position of No. 7 on CHADWELL AVENUE.