£185,926
This estimated value is based upon the latest sale price for the house of £104,500 on 3 Mar 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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695 Green Lanes, Dagenham, RM8 1UU
Phone: https://www.zoopla.co.uk/find-agents/contact/os-homes-dagenham-136566/
| Price Paid | Date |
|---|---|
| £104,500 | 3 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £104,500 results in an estimated price of approximately £185,926.
| 3 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £104,500 | £81,426 | £185,926 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | -37.279 % | £-38,956 | £65,543 |
| 3 Month Average | 109.702 % | £114,638 | £219,138 |
| 6 Month Average | 104.784 % | £109,499 | £213,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £260,926 | £255,000 | 11 JADE CLOSE |
| 25 Aug 2023 | £356,429 | £350,000 | 116 PEDLEY ROAD |
| 31 Mar 2023 | £213,567 | £210,000 | 34 PEDLEY ROAD |
| 17 Mar 2023 | £195,769 | £192,500 | 26 PEDLEY ROAD |
| 28 Feb 2023 | £193,795 | £192,500 | 59 FIENNES CLOSE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 23 Oct 2018. Using an estimated price of £185,927 means this house is valued at £5,468 per sq meter (£508 per sq foot).
The average size of a house on PEDLEY ROAD is 51 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Pedley Road | |
| Apr 2024 | Anti-social behaviour | On or near Pedley Road | |
| Apr 2024 | Anti-social behaviour | On or near Pedley Road |