£1,060,148
This estimated value is based upon the latest sale price for the house of £173,000 on 9 Aug 2024. 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 |
|---|---|
| £173,000 | 9 Aug 2024 |
| £185,000 | 30 Mar 2006 |
| £64,000 | 22 Aug 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 August 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £173,000 results in an estimated price of approximately £1,060,148.
| 9 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £173,000 | £887,148 | £1,060,148 |
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 | 285.496 % | £493,907 | £666,907 |
| 3 Month Average | 4.769 % | £8,249 | £181,249 |
| 6 Month Average | -4.978 % | £-8,611 | £164,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2024 | £360,000 | £360,000 | 245 IVYHOUSE ROAD |
| 17 May 2024 | £430,000 | £430,000 | 25 HEDGEMANS WAY |
| 5 Sep 2023 | £393,678 | £385,000 | 9 EATON GARDENS |
| 16 Aug 2023 | £366,612 | £360,000 | 237 IVYHOUSE ROAD |
| 16 Jun 2023 | £336,748 | £330,000 | 254 HEDGEMANS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hedgemans Way |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Hedgemans Way |
| Aug 2024 | Anti-social behaviour | On or near Hedgemans Way | |
| Aug 2024 | Anti-social behaviour | On or near Hedgemans Way | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hedgemans Way |