£255,378
This estimated value is based upon the latest sale price for the house of £49,500 on 11 Jun 1997. 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 |
|---|---|
| £49,500 | 11 Jun 1997 |
| Terraced |
| Freehold |
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 June 1997 the House Price Index for GREATER LONDON was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £49,500 results in an estimated price of approximately £255,378.
| 11 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £49,500 | £205,878 | £255,378 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 516.046 % | £255,442 | £304,942 |
| 3 Month Average | 484.447 % | £239,801 | £289,301 |
| 6 Month Average | 465.432 % | £230,388 | £279,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £427,861 | £417,000 | 74 TRESWELL ROAD |
| 25 Oct 2023 | £368,366 | £360,000 | 229 DAGENHAM AVENUE |
| 19 Sep 2023 | £388,566 | £380,000 | 2 CHAPLIN ROAD |
| 8 Sep 2023 | £357,889 | £350,000 | 187 GORESBROOK ROAD |
| 9 Jun 2023 | £224,499 | £220,000 | 223 DAGENHAM AVENUE |