£279,916
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Oct 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Rowallen Parade, Dagenham, RM8 1XU
Phone: 02080332050
Price Paid | Date |
---|---|
£125,000 | 31 Oct 2003 |
£40,000 | 6 Dec 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 October 2003 the House Price Index for GREATER LONDON was 66.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 123.933%.Applying this 123.933% change to the original purchase price of £125,000 results in an estimated price of approximately £279,916.
31 Oct 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.4 | 148.6 | 123.933 % | £125,000 | £154,916 | £279,916 |
The Postcode Pricing Model uses changes in average sales price within the RM6 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 | 86.434 % | £108,042 | £233,042 |
3 Month Average | 86.459 % | £108,074 | £233,074 |
6 Month Average | 76.049 % | £95,061 | £220,061 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £111,501 | £110,000 | FLAT 24 TOPAZ COURT SERPENTINE CLOSE |
21 Oct 2022 | £212,710 | £215,000 | 70 ESSEX ROAD |
25 May 2022 | £114,660 | £112,500 | FLAT 5 CORAL COURT SERPENTINE CLOSE |
20 Dec 2021 | £358,911 | £335,000 | 8 AVENUE ROAD |
9 Nov 2021 | £557,520 | £515,500 | 46A ESSEX ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 19 Nov 2019. Using an estimated price of £279,917 means this house is valued at £5,831 per sq meter (£541 per sq foot).
The average size of a house on HIGH ROAD is 65 sq meters (701 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Robbery | Under investigation | On or near Avenue Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avenue Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Essex Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Serpentine Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Serpentine Close |