£372,751
This estimated value is based upon the latest sale price for the house of £300,000 on 5 Jul 2019. 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 |
|---|---|
| £300,000 | 5 Jul 2019 |
| £48,000 | 2 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £300,000 results in an estimated price of approximately £372,751.
| 5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £300,000 | £72,751 | £372,751 |
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 | 7.542 % | £22,626 | £322,626 |
| 3 Month Average | 0.836 % | £2,508 | £302,508 |
| 6 Month Average | 12.777 % | £38,331 | £338,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £363,250 | £355,000 | 144 REEDE ROAD |
| 1 Sep 2023 | £339,484 | £332,000 | 137 REEDE ROAD |
| 18 Mar 2022 | £433,232 | £415,000 | 150 REEDE ROAD |
| 9 Jul 2021 | £225,766 | £195,000 | FLAT 23 ELDRIDGE COURT ST MARKS PLACE |
| 7 Jan 2021 | £396,670 | £345,000 | 15 HUNTERS HALL ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 13 Mar 2019. Using an estimated price of £372,751 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on REEDE ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Marks Place |
| Sep 2024 | Drugs | Under investigation | On or near St Marks Place |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Marks Place |
| Sep 2024 | Anti-social behaviour | On or near St Marks Place | |
| Sep 2024 | Anti-social behaviour | On or near St Marks Place |