£261,814
This estimated value is based upon the latest sale price for the house of £155,000 on 18 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Green Lane, Dagenham, RM8 1DH
Phone: 02035899551
| Price Paid | Date |
|---|---|
| £155,000 | 18 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £155,000 results in an estimated price of approximately £261,814.
| 18 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £155,000 | £106,814 | £261,814 |
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 | 23.948 % | £37,119 | £192,119 |
| 3 Month Average | 92.706 % | £143,693 | £298,693 |
| 6 Month Average | 106.851 % | £165,619 | £320,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £329,884 | £325,000 | 38 LYNETT ROAD |
| 7 Sep 2023 | £369,727 | £365,000 | 56 LYNETT ROAD |
| 25 Aug 2023 | £403,530 | £400,000 | 4 DAVID ROAD |
| 9 Nov 2022 | £296,410 | £300,000 | 19 LYNETT ROAD |
| 10 Aug 2022 | £214,423 | £215,000 | 2 BLANCHARD APARTMENTS, 13 AGER AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 Oct 2014. Using an estimated price of £261,814 means this house is valued at £3,850 per sq meter (£357 per sq foot).
The average size of a house on LYNETT ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Lynnett Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Lynnett Road |
| Jan 2024 | Anti-social behaviour | On or near Morel Mews | |
| Jan 2024 | Anti-social behaviour | On or near Morel Mews | |
| Jan 2024 | Other theft | Under investigation | On or near Morel Mews |