£234,884
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Mar 2022. 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 |
|---|---|
| £225,000 | 11 Mar 2022 |
| £195,000 | 10 May 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £225,000 results in an estimated price of approximately £234,884.
| 11 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £225,000 | £9,884 | £234,884 |
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 | 6.119 % | £13,767 | £238,767 |
| 3 Month Average | 18.603 % | £41,856 | £266,856 |
| 6 Month Average | 10.377 % | £23,348 | £248,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £430,000 | £430,000 | 25 HEDGEMANS WAY |
| 5 Sep 2023 | £393,678 | £385,000 | 9 EATON GARDENS |
| 16 Jun 2023 | £336,748 | £330,000 | 254 HEDGEMANS ROAD |
| 17 Mar 2023 | £361,029 | £355,000 | 105 HATFIELD ROAD |
| 1 Mar 2023 | £361,029 | £355,000 | 264 HEDGEMANS ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 12 Jan 2017. Using an estimated price of £234,885 means this house is valued at £5,338 per sq meter (£495 per sq foot).
The average size of a house on HEDGEMANS WAY is 87 sq meters (947 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hedgemans Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hedgemans Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hedgemans Road |
| Sep 2024 | Other theft | Under investigation | On or near Hedgemans Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hedgemans Road |