£330,390
This estimated value is based upon the latest sale price for the house of £327,500 on 30 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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482 Gale Street, Dagenham, London, RM9 4NU
Phone: 02081289425
Price Paid | Date |
---|---|
£327,500 | 30 Aug 2023 |
£172,000 | 26 Sep 2007 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 August 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £327,500 results in an estimated price of approximately £330,390.
30 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.3 | 148.6 | 0.883 % | £327,500 | £2,890 | £330,390 |
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 | 12.826 % | £42,005 | £369,505 |
3 Month Average | -0.088 % | £-288 | £327,211 |
6 Month Average | -0.610 % | £-1,997 | £325,502 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £330,390 | £327,500 | 590 GORESBROOK ROAD |
22 Aug 2023 | £403,530 | £400,000 | 558 GORESBROOK ROAD |
21 Jul 2023 | £405,457 | £400,000 | 82 CANONSLEIGH ROAD |
24 Mar 2023 | £432,474 | £428,400 | 226 STAMFORD ROAD |
9 Sep 2022 | £322,397 | £325,000 | 71 MAPLESTEAD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Apr 2015. Using an estimated price of £330,390 means this house is valued at £5,162 per sq meter (£479 per sq foot).
The average size of a house on GORESBROOK ROAD is 69 sq meters (748 sq feet).