£235,956
This estimated value is based upon the latest sale price for the house of £225,000 on 23 Feb 2022. 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 |
|---|---|
| £225,000 | 23 Feb 2022 |
| £170,000 | 30 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £225,000 results in an estimated price of approximately £235,956.
| 23 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £225,000 | £10,956 | £235,956 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 64.493 % | £145,109 | £370,109 |
| 3 Month Average | 36.708 % | £82,593 | £307,593 |
| 6 Month Average | 23.003 % | £51,757 | £276,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £248,173 | £245,000 | FLAT 1 DRIBERG COURT BROMHALL ROAD |
| 25 Nov 2022 | £296,410 | £300,000 | FLAT 3 BARTRAM COURT BERENGERS PLACE |
| 23 Feb 2022 | £235,956 | £225,000 | 266 RUGBY ROAD |
| 9 Oct 2020 | £263,944 | £225,000 | FLAT 12 DRIBERG COURT BROMHALL ROAD |
| 22 Nov 2019 | £349,537 | £285,000 | 286 RUGBY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Nov 2021. Using an estimated price of £235,956 means this house is valued at £3,575 per sq meter (£332 per sq foot).
The average size of a house on RUGBY ROAD is 73 sq meters (789 sq feet).