£578,284
This estimated value is based upon the latest sale price for the house of £460,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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296 Heathway, Dagenham, RM10 8LU
Phone: 02081158314
Price Paid | Date |
---|---|
£460,000 | 8 Dec 2017 |
Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £460,000 results in an estimated price of approximately £578,284.
8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £460,000 | £118,284 | £578,284 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | -51.153 % | £-235,304 | £224,695 |
3 Month Average | 17.188 % | £79,066 | £539,066 |
6 Month Average | 35.420 % | £162,932 | £622,932 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Aug 2022 | £273,264 | £274,000 | 2 BEACON HOUSE MARSTON AVENUE |
6 Jul 2022 | £501,350 | £500,000 | 199A OXLOW LANE |
6 Apr 2022 | £566,390 | £550,000 | 187 OXLOW LANE |
5 Nov 2021 | £340,677 | £315,000 | 189 OXLOW LANE |
3 Sep 2021 | £353,450 | £328,000 | 40 NASEBY ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 20 Sep 2017. Using an estimated price of £578,285 means this house is valued at £5,354 per sq meter (£497 per sq foot).
The average size of a house on MARSTON AVENUE is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Oxlow Lane |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oxlow Lane |
Dec 2023 | Drugs | Under investigation | On or near Oxlow Lane |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxlow Lane |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Edgehill Gardens |