£464,565
This estimated value is based upon the latest sale price for the house of £350,000 on 10 Nov 2016. 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 |
|---|---|
| £350,000 | 10 Nov 2016 |
| £163,000 | 19 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £350,000 results in an estimated price of approximately £464,565.
| 10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £350,000 | £114,565 | £464,565 |
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 | 31.440 % | £110,039 | £460,039 |
| 3 Month Average | 7.017 % | £24,559 | £374,559 |
| 6 Month Average | 16.571 % | £57,999 | £407,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £453,949 | £440,000 | 182 OXLOW LANE |
| 1 Dec 2023 | £397,205 | £385,000 | 61 MARSTON AVENUE |
| 22 Sep 2023 | £460,143 | £450,000 | 6 EDGEHILL GARDENS |
| 11 Apr 2023 | £377,052 | £370,000 | 172 OXLOW LANE |
| 6 Jul 2022 | £505,061 | £500,000 | 199A OXLOW LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 30 Jun 2016. Using an estimated price of £464,565 means this house is valued at £4,382 per sq meter (£407 per sq foot).
The average size of a house on OXLOW LANE is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Oxlow Lane |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Oxlow Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxlow Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oxlow Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oxlow Lane |