£293,957
This estimated value is based upon the latest sale price for the house of £188,000 on 17 Dec 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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482 Gale Street, Dagenham, London, RM9 4NU
Phone: 02081289425
| Price Paid | Date |
|---|---|
| £188,000 | 17 Dec 2007 |
| £130,000 | 10 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 December 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £188,000 results in an estimated price of approximately £293,957.
| 17 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £188,000 | £105,957 | £293,957 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | -46.700 % | £-87,795 | £100,204 |
| 3 Month Average | 80.350 % | £151,057 | £339,057 |
| 6 Month Average | 74.622 % | £140,290 | £328,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2024 | £395,000 | £395,000 | 27 HEDINGHAM ROAD |
| 8 Mar 2024 | £362,571 | £357,000 | 25 HEDINGHAM ROAD |
| 8 Aug 2022 | £346,621 | £345,000 | 198 LODGE AVENUE |
| 19 Jul 2022 | £383,846 | £380,000 | 17 HEDINGHAM ROAD |
| 29 Sep 2021 | £354,981 | £327,000 | 57 HEDINGHAM ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 May 2020. Using an estimated price of £293,957 means this house is valued at £4,199 per sq meter (£390 per sq foot).
The average size of a house on LODGE AVENUE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hedingham Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Neasham Road |