£416,451
This estimated value is based upon the latest sale price for the house of £249,995 on 5 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Rowallen Parade, Dagenham, RM8 1XU
Phone: 02080332050
Price Paid | Date |
---|---|
£249,995 | 5 Aug 2013 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 August 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £249,995 results in an estimated price of approximately £416,451.
5 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £249,995 | £166,456 | £416,451 |
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 | 107.846 % | £269,610 | £519,605 |
3 Month Average | 71.702 % | £179,250 | £429,245 |
6 Month Average | 78.812 % | £197,025 | £447,020 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £475,000 | £475,000 | 47 GROVE ROAD |
23 Oct 2023 | £225,113 | £220,000 | 49 AVENUE ROAD |
19 Jul 2022 | £797,996 | £790,000 | 50 GROVE ROAD |
25 May 2022 | £115,509 | £112,500 | FLAT 5 CORAL COURT SERPENTINE CLOSE |
11 Mar 2022 | £434,276 | £416,000 | 103 PRIMROSE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 Jan 2014. Using an estimated price of £416,452 means this house is valued at £4,957 per sq meter (£460 per sq foot).
The average size of a house on GROVE ROAD is 75 sq meters (810 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Avenue Road |