£279,535
This estimated value is based upon the latest sale price for the house of £148,500 on 22 Nov 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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941 Green Lane, Dagenham, RM8 1DJ
Phone: 02030074091
Price Paid | Date |
---|---|
£148,500 | 22 Nov 2004 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 November 2004 the House Price Index for GREATER LONDON was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £148,500 results in an estimated price of approximately £279,535.
22 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 148.6 | 88.239 % | £148,500 | £131,035 | £279,535 |
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 | 24.817 % | £36,853 | £185,353 |
3 Month Average | 98.177 % | £145,792 | £294,292 |
6 Month Average | 114.959 % | £170,714 | £319,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £426,312 | £420,000 | 24 GRAFTON ROAD |
24 Feb 2023 | £394,734 | £395,000 | 16 GRAFTON ROAD |
16 Sep 2022 | £419,115 | £422,500 | 201 VALENCE WOOD ROAD |
14 Dec 2021 | £326,770 | £305,000 | 8 LUCY GARDENS |
25 Jun 2021 | £316,513 | £295,000 | 170 VALENCE WOOD ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Sep 2015. Using an estimated price of £279,536 means this house is valued at £2,852 per sq meter (£264 per sq foot).
The average size of a house on VALENCE WOOD ROAD is 77 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Winmill Road |
Jan 2024 | Drugs | Under investigation | On or near Winmill Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Winmill Road |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Winmill Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Winmill Road |