£299,186
This estimated value is based upon the latest sale price for the house of £157,500 on 10 Dec 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 |
|---|---|
| £157,500 | 10 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 597 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 December 2004 the House Price Index for GREATER LONDON was 78.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.960%.Applying this 89.960% change to the original purchase price of £157,500 results in an estimated price of approximately £299,186.
| 10 Dec 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 149.7 | 89.960 % | £157,500 | £141,686 | £299,186 |
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 | 133.814 % | £210,757 | £368,257 |
| 3 Month Average | 119.711 % | £188,545 | £346,045 |
| 6 Month Average | 107.075 % | £168,643 | £326,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £250,523 | £245,000 | FLAT 1 DRIBERG COURT BROMHALL ROAD |
| 1 Aug 2023 | £264,775 | £260,000 | FLAT 26 DRIBERG COURT BROMHALL ROAD |
| 25 Nov 2022 | £298,604 | £300,000 | FLAT 3 BARTRAM COURT BERENGERS PLACE |
| 11 Mar 2022 | £276,642 | £265,000 | FLAT 1 CLEMENTS COURT BROMHALL ROAD |
| 9 Oct 2020 | £265,898 | £225,000 | FLAT 12 DRIBERG COURT BROMHALL ROAD |
This house has a floor area of 55 sq meters or 597 sq feet when measured on 14 Apr 2009. Using an estimated price of £299,186 means this house is valued at £5,385 per sq meter (£500 per sq foot).
The average size of a house on BROMHALL ROAD is 62 sq meters (674 sq feet).