£342,009
This estimated value is based upon the latest sale price for the house of £295,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Ivy Walk
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525 Gale Street, Dagenham, RM9 4TP
Phone: 02036414337
| Price Paid | Date |
|---|---|
| £295,000 | 6 Nov 2020 |
| £123,000 | 20 Feb 2003 |
| £50,000 | 25 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £295,000 results in an estimated price of approximately £342,009.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £295,000 | £47,009 | £342,009 |
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 | -8.572 % | £-25,286 | £269,713 |
| 3 Month Average | 14.188 % | £41,854 | £336,854 |
| 6 Month Average | 18.088 % | £53,360 | £348,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £363,177 | £360,000 | 237 IVYHOUSE ROAD |
| 28 Jul 2023 | £420,662 | £415,000 | 297 IVYHOUSE ROAD |
| 2 Jun 2023 | £440,334 | £435,000 | 1 HEDGEMANS WAY |
| 2 Sep 2022 | £381,916 | £385,000 | 40 IVY WALK |
| 2 Sep 2022 | £406,716 | £410,000 | 21 HEDGEMANS WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 12 Jun 2020. Using an estimated price of £342,009 means this house is valued at £5,343 per sq meter (£496 per sq foot).
The average size of a house on IVYHOUSE ROAD is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Ivy Walk |
| Dec 2023 | Burglary | Under investigation | On or near Ivy Walk |