£359,290
This estimated value is based upon the latest sale price for the house of £285,000 on 23 Nov 2017. 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 |
|---|---|
| £285,000 | 23 Nov 2017 |
| £185,000 | 12 Jul 2007 |
| £136,000 | 5 Sep 2003 |
| £77,500 | 17 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 791 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £285,000 results in an estimated price of approximately £359,290.
| 23 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £285,000 | £74,290 | £359,290 |
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 | 66.518 % | £189,577 | £474,577 |
| 3 Month Average | 28.167 % | £80,275 | £365,275 |
| 6 Month Average | 29.034 % | £82,745 | £367,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £384,922 | £380,000 | 2 CHAPLIN ROAD |
| 7 Jul 2023 | £369,980 | £365,000 | 25 HATFIELD ROAD |
| 30 Jun 2023 | £357,834 | £353,500 | 46 HATFIELD ROAD |
| 28 Oct 2022 | £321,538 | £325,000 | 10 CHAPLIN ROAD |
| 13 Dec 2021 | £380,339 | £355,000 | 1 HATFIELD ROAD |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 7 Jun 2010. Using an estimated price of £359,291 means this house is valued at £4,888 per sq meter (£454 per sq foot).
The average size of a house on CHAPLIN ROAD is 79 sq meters (856 sq feet).