£280,580
This estimated value is based upon the latest sale price for the house of £177,995 on 25 Jul 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Green Lane, Dagenham, RM8 1DH
Phone: 02035899551
Price Paid | Date |
---|---|
£177,995 | 25 Jul 2007 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 2007 the House Price Index for GREATER LONDON was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £177,995 results in an estimated price of approximately £280,580.
25 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 148.6 | 57.634 % | £177,995 | £102,585 | £280,580 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 88.927 % | £158,285 | £336,280 |
3 Month Average | 65.262 % | £116,163 | £294,158 |
6 Month Average | 85.307 % | £151,842 | £329,837 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £343,000 | £343,000 | 8 CAREY ROAD |
15 Dec 2023 | £407,123 | £400,000 | 68 MAXEY ROAD |
3 Nov 2023 | £362,872 | £357,500 | 22 ST GEORGES ROAD |
14 Aug 2023 | £216,897 | £215,000 | 81 MAXEY ROAD |
29 Mar 2023 | £343,234 | £340,000 | 46 ST GEORGES ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 2 May 2018. Using an estimated price of £280,581 means this house is valued at £4,453 per sq meter (£413 per sq foot).
The average size of a house on MAXEY ROAD is 80 sq meters (861 sq feet).