£306,058
This estimated value is based upon the latest sale price for the house of £160,000 on 7 Oct 2004. 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 |
---|---|
£160,000 | 7 Oct 2004 |
Terraced |
Freehold |
Floor Area: 111 sq meters or 1,194 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 October 2004 the House Price Index for GREATER LONDON was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £160,000 results in an estimated price of approximately £306,058.
7 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £160,000 | £146,058 | £306,058 |
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 | 114.411 % | £183,057 | £343,057 |
3 Month Average | 69.084 % | £110,534 | £270,534 |
6 Month Average | 78.444 % | £125,510 | £285,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £340,000 | £340,000 | 51 JULIA GARDENS |
3 May 2024 | £420,000 | £420,000 | 17 SCRATTONS TERRACE |
16 Oct 2023 | £393,947 | £385,000 | 5 SHAW AVENUE |
14 Apr 2023 | £397,434 | £390,000 | 212 GORESBROOK ROAD |
31 Jan 2023 | £325,871 | £325,000 | 37 LEVINE GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 13 Oct 2014. Using an estimated price of £306,058 means this house is valued at £2,757 per sq meter (£256 per sq foot).
The average size of a house on JULIA GARDENS is 90 sq meters (975 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Scrattons Terrace |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Julia Gardens |
Oct 2024 | Drugs | Local resolution | On or near Levine Gardens |
Oct 2024 | Other theft | Under investigation | On or near Julia Gardens |
Oct 2024 | Other theft | Under investigation | On or near Julia Gardens |