£332,965
This estimated value is based upon the latest sale price for the house of £156,000 on 12 Feb 2004. 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 |
---|---|
£156,000 | 12 Feb 2004 |
£66,000 | 25 Jan 1999 |
£57,500 | 29 Nov 1996 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £156,000 results in an estimated price of approximately £332,965.
12 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £156,000 | £176,965 | £332,965 |
The Postcode Pricing Model uses changes in average sales price within the RM8 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 | -33.002 % | £-51,482 | £104,517 |
3 Month Average | 127.166 % | £198,378 | £354,378 |
6 Month Average | 124.232 % | £193,802 | £349,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £327,847 | £325,000 | 61 HIGHGROVE ROAD |
26 Jan 2023 | £310,831 | £310,000 | 5 BACON TERRACE |
7 Oct 2022 | £354,815 | £356,000 | 78 HIGHGROVE ROAD |
20 May 2022 | £369,630 | £360,000 | 70 MARLBOROUGH ROAD |
2 Nov 2021 | £356,273 | £327,000 | 87 FITZSTEPHEN ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 May 2015. Using an estimated price of £332,966 means this house is valued at £5,458 per sq meter (£507 per sq foot).
The average size of a house on HIGHGROVE ROAD is 78 sq meters (847 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Cotman Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Fitzstephen Road |