£408,176
This estimated value is based upon the latest sale price for the house of £385,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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296 Heathway, Dagenham, RM10 8LU
Phone: 02081158314
| Price Paid | Date |
|---|---|
| £385,000 | 31 Jan 2022 |
| £109,000 | 12 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £385,000 results in an estimated price of approximately £408,176.
| 31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £385,000 | £23,176 | £408,176 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 5.138 % | £19,780 | £404,780 |
| 3 Month Average | -6.766 % | £-26,049 | £358,950 |
| 6 Month Average | -3.056 % | £-11,764 | £373,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £437,500 | £437,500 | 10 DURHAM ROAD |
| 28 Mar 2024 | £431,124 | £424,500 | 31 ESSEX ROAD |
| 30 Oct 2023 | £434,877 | £425,000 | 6 DURHAM ROAD |
| 20 Sep 2023 | £446,850 | £437,000 | 3 ESSEX ROAD |
| 1 Aug 2023 | £291,253 | £286,000 | 471 RAINHAM ROAD SOUTH |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 May 2017. Using an estimated price of £408,176 means this house is valued at £4,691 per sq meter (£435 per sq foot).
The average size of a house on DURHAM ROAD is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Durham Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Durham Road |
| Aug 2024 | Drugs | Under investigation | On or near Durham Road |
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Durham Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |