Full Address

79 DAGENHAM ROAD
ROMFORD
ROMFORD
GREATER LONDON
UNITED KINGDOM
RM7 0DH

Estimated Market Value

£282,096

This estimated value is based upon the latest sale price for the house of £210,000 on 26 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

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Transactions for this house
Price PaidDate
£210,00026 Mar 2008
£119,0005 Oct 2001
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 2008 the House Price Index for GREATER LONDON was 377.9.

The House Price Index as of 1 Aug 2014 is 507.7 which is a change of 34.331%.

Applying this 34.331% change to the original purchase price of £210,000 gives us an estimated price now of around £282,096.

26 Mar 2008 1 Aug 2014 % change Purchase Price Gain / Loss Estimated Price
377.9 507.7 34.331 % £210,000 £72,096 £282,096

The Postcode Pricing Model uses changes in average sales price within the RM7 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 21.931 % £46,055 £256,055
3 Month Average 12.340 % £25,914 £235,914
6 Month Average 2.210 % £4,640 £214,640

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2008 the average sale price for the 50 nearest sales within two miles of 79 DAGENHAM ROAD was £198,971.

In August 2014 the average sale price for the 50 nearest sales was £241,644. This is a change of 21.447%.

So taking the original purchase price of £210,000 and adjusting it by 21.447% gives an estimated price of £255,038.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 26 Mar 2008 Average price on 29 Aug 2014 % change Purchase Price Gain / Loss Estimated Price
£198,971 £241,644 21.447 % £210,000 £45,038 £255,038
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
14 Apr 2014 £245,200 £225,000 104 NORWOOD AVENUE
20 Dec 2013 £116,745 £100,000 48 OLDCHURCH GARDENS
29 Nov 2013 £273,066 £230,000 2 LILLIPUT ROAD
26 Nov 2013 £258,225 £217,500 62 DAGENHAM ROAD
12 Nov 2013 £100,916 £85,000 80 OLDCHURCH GARDENS

Show these sales on a map

Recent Crimes Near Here
DateCrimeOutcomeWhere
Apr 2014 Vehicle crime Under investigation On or near Dagenham Road
Jan 2014 Violence and sexual offences On or near Dagenham Road
Sep 2013 Violence and sexual offences On or near Dagenham Road
Sep 2013 Violence and sexual offences On or near Dagenham Road
Sep 2013 Public order Investigation complete; no suspect identified On or near Dagenham Road

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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