£413,667
This estimated value is based upon the latest sale price for the house of £310,000 on 14 Oct 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 |
---|---|
£310,000 | 14 Oct 2016 |
£197,000 | 29 Oct 2007 |
£110,000 | 7 Mar 2001 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £310,000 results in an estimated price of approximately £413,667.
14 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £310,000 | £103,667 | £413,667 |
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 | 16.332 % | £50,630 | £360,630 |
3 Month Average | 10.057 % | £31,177 | £341,177 |
6 Month Average | 17.181 % | £53,261 | £363,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £405,288 | £395,000 | 21 BURY ROAD |
23 Jun 2023 | £382,669 | £375,000 | 33 SURREY ROAD |
19 Aug 2022 | £421,973 | £420,000 | 40 SURREY ROAD |
27 Sep 2021 | £390,805 | £360,000 | 36 VICTORIA ROAD |
30 Jun 2021 | £416,134 | £385,000 | 35 SURREY ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 31 May 2012. Using an estimated price of £413,667 means this house is valued at £3,795 per sq meter (£352 per sq foot).
The average size of a house on VICTORIA ROAD is 98 sq meters (1,061 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Victoria Road |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Surrey Road |