£267,574
This estimated value is based upon the latest sale price for the house of £215,000 on 18 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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252 Heathway, Dagenham, RM10 8QS
Phone: 02034630261
Price Paid | Date |
---|---|
£215,000 | 18 Mar 2019 |
£35,000 | 8 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 March 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £215,000 results in an estimated price of approximately £267,574.
18 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.453 % | £215,000 | £52,574 | £267,574 |
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 | 5.484 % | £11,791 | £226,791 |
3 Month Average | 14.099 % | £30,312 | £245,312 |
6 Month Average | 11.749 % | £25,261 | £240,261 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 May 2024 | £280,000 | £280,000 | 166 IBSCOTT CLOSE |
20 Feb 2023 | £256,715 | £255,000 | 21 IBSCOTT CLOSE |
31 Jan 2023 | £165,442 | £165,000 | 80 PLUMTREE CLOSE |
19 Jan 2023 | £200,536 | £200,000 | 147 IBSCOTT CLOSE |
12 Jul 2022 | £166,670 | £165,000 | 101 PLUMTREE CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 11 Jul 2019. Using an estimated price of £267,575 means this house is valued at £3,185 per sq meter (£295 per sq foot).
The average size of a house on IBSCOTT CLOSE is 67 sq meters (724 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).