£380,337
This estimated value is based upon the latest sale price for the house of £303,500 on 16 Mar 2018. 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 |
---|---|
£303,500 | 16 Mar 2018 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £303,500 results in an estimated price of approximately £380,337.
16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £303,500 | £76,837 | £380,337 |
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 | -31.388 % | £-95,261 | £208,238 |
3 Month Average | 18.012 % | £54,665 | £358,165 |
6 Month Average | 21.705 % | £65,873 | £369,373 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £560,279 | £555,000 | 280A LODGE AVENUE |
24 Aug 2022 | £403,913 | £405,000 | 432 PORTERS AVENUE |
8 Aug 2022 | £344,074 | £345,000 | 198 LODGE AVENUE |
1 Feb 2022 | £3,146 | £3,000 | 439 PORTERS AVENUE |
17 Dec 2021 | £321,413 | £300,000 | 233 LODGE AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 25 Jul 2017. Using an estimated price of £380,337 means this house is valued at £4,876 per sq meter (£453 per sq foot).
The average size of a house on LODGE AVENUE is 82 sq meters (884 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lodge Avenue |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Bragg Close |
Jan 2024 | Anti-social behaviour | On or near Bragg Close | |
Jan 2024 | Anti-social behaviour | On or near Bragg Close | |
Jan 2024 | Anti-social behaviour | On or near Bragg Close |