£360,483
This estimated value is based upon the latest sale price for the house of £288,750 on 31 Jul 2018. 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 |
---|---|
£288,750 | 31 Jul 2018 |
£178,000 | 21 Feb 2008 |
£66,950 | 25 Jul 1997 |
Terraced |
Freehold |
Floor Area: 55 sq meters or 600 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £288,750 results in an estimated price of approximately £360,483.
31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £288,750 | £71,733 | £360,483 |
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 | 6.014 % | £17,364 | £306,114 |
3 Month Average | 4.161 % | £12,015 | £300,765 |
6 Month Average | 4.008 % | £11,573 | £300,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £480,923 | £470,000 | 37 KEEL CLOSE |
7 Jun 2023 | £352,055 | £345,000 | 20 BLESSING WAY |
18 Jan 2023 | £381,018 | £380,000 | 29 BLESSING WAY |
24 Jun 2022 | £424,065 | £415,000 | 38 SOVEREIGN ROAD |
25 Oct 2019 | £360,737 | £292,000 | 51 STERN CLOSE |
This house has a floor area of 55 sq meters or 600 sq feet when measured on 26 Feb 2011. Using an estimated price of £360,484 means this house is valued at £6,462 per sq meter (£600 per sq foot).
The average size of a house on SOVEREIGN ROAD is 67 sq meters (730 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Sovereign Road | |
Apr 2024 | Anti-social behaviour | On or near Sovereign Road | |
Apr 2024 | Anti-social behaviour | On or near Sovereign Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sovereign Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Sovereign Road |