£362,060
This estimated value is based upon the latest sale price for the house of £310,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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525 Gale Street, Dagenham, RM9 4TP
Phone: 02036414337
| Price Paid | Date |
|---|---|
| £310,000 | 11 Nov 2020 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £310,000 results in an estimated price of approximately £362,060.
| 11 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £310,000 | £52,060 | £362,060 |
The Postcode Pricing Model uses changes in average sales price within the IG11 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 | -0.147 % | £-455 | £309,544 |
| 3 Month Average | 11.124 % | £34,484 | £344,484 |
| 6 Month Average | 3.643 % | £11,293 | £321,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £420,000 | £420,000 | 17 SCRATTONS TERRACE |
| 29 Nov 2023 | £400,158 | £390,000 | 210 GORESBROOK ROAD |
| 16 Oct 2023 | £393,947 | £385,000 | 5 SHAW AVENUE |
| 25 Apr 2023 | £387,243 | £380,000 | 2 WIX ROAD |
| 31 Jan 2023 | £325,871 | £325,000 | 37 LEVINE GARDENS |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Sep 2020. Using an estimated price of £362,060 means this house is valued at £5,403 per sq meter (£502 per sq foot).
The average size of a house on SCRATTONS TERRACE is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Julia Gardens |
| Apr 2024 | Anti-social behaviour | On or near Julia Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Julia Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Julia Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Julia Gardens |