£380,859
This estimated value is based upon the latest sale price for the house of £74,950 on 21 Jul 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 |
---|---|
£74,950 | 21 Jul 1997 |
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 July 1997 the House Price Index for GREATER LONDON was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £74,950 results in an estimated price of approximately £380,859.
21 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 148.6 | 408.152 % | £74,950 | £305,909 | £380,859 |
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 | 278.753 % | £208,925 | £283,875 |
3 Month Average | 254.159 % | £190,492 | £265,442 |
6 Month Average | 363.243 % | £272,250 | £347,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2023 | £349,230 | £345,000 | 20 BLESSING WAY |
18 Jan 2023 | £378,218 | £380,000 | 29 BLESSING WAY |
24 Jun 2022 | £420,949 | £415,000 | 38 SOVEREIGN ROAD |
25 Oct 2019 | £358,086 | £292,000 | 51 STERN CLOSE |
8 Apr 2019 | £469,938 | £380,000 | 11 SOVEREIGN ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 11 Oct 2014. Using an estimated price of £380,860 means this house is valued at £5,684 per sq meter (£528 per sq foot).
The average size of a house on SOVEREIGN ROAD is 67 sq meters (730 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keel Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Keel Close |