£370,580
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Feb 2019. 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 |
|---|---|
| £300,000 | 18 Feb 2019 |
| £232,500 | 1 Jun 2015 |
| £136,000 | 21 Nov 2003 |
| £136,000 | 21 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £300,000 results in an estimated price of approximately £370,580.
| 18 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £300,000 | £70,580 | £370,580 |
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 | -5.083 % | £-15,250 | £284,749 |
| 3 Month Average | 14.816 % | £44,447 | £344,447 |
| 6 Month Average | 18.438 % | £55,314 | £355,314 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £381,336 | £378,000 | 175 ILCHESTER ROAD |
| 4 Nov 2022 | £172,906 | £175,000 | 45 FITZSTEPHEN ROAD |
| 7 Oct 2022 | £352,208 | £356,000 | 78 HIGHGROVE ROAD |
| 8 Jul 2022 | £401,080 | £400,000 | 155 ILCHESTER ROAD |
| 29 Apr 2022 | £360,430 | £350,000 | 167 ILCHESTER ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Jul 2020. Using an estimated price of £370,580 means this house is valued at £5,219 per sq meter (£484 per sq foot).
The average size of a house on FITZSTEPHEN ROAD is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Rutland Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Rutland Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Rutland Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Rutland Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Rutland Gardens |