£164,614
This estimated value is based upon the latest sale price for the house of £30,000 on 30 Oct 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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525 Gale Street, Dagenham, RM9 4TP
Phone: 02036414337
| Price Paid | Date |
|---|---|
| £30,000 | 30 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 1996 the House Price Index for GREATER LONDON was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £30,000 results in an estimated price of approximately £164,614.
| 30 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £30,000 | £134,614 | £164,614 |
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 | 429.323 % | £128,796 | £158,796 |
| 3 Month Average | 521.391 % | £156,417 | £186,417 |
| 6 Month Average | 538.128 % | £161,438 | £191,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £374,537 | £370,000 | 554 GALE STREET |
| 25 Oct 2022 | £460,047 | £465,000 | 140 ARDEN CRESCENT |
| 12 Aug 2022 | £388,953 | £390,000 | 130 ARDEN CRESCENT |
| 22 Apr 2022 | £396,473 | £385,000 | 28 LANGLEY CRESCENT |
| 24 Jan 2022 | £349,399 | £332,000 | 40 LANGLEY CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 16 Jan 2014. Using an estimated price of £164,614 means this house is valued at £1,870 per sq meter (£173 per sq foot).
The average size of a house on GALE STREET is 84 sq meters (909 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Arden Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Arden Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Arden Crescent | |
| Jan 2024 | Robbery | Under investigation | On or near Arden Crescent |
| Jan 2024 | Anti-social behaviour | On or near Arden Crescent |