£361,128
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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695 Green Lanes, Dagenham, RM8 1UU
Phone: https://www.zoopla.co.uk/find-agents/contact/os-homes-dagenham-136566/
| Price Paid | Date |
|---|---|
| £225,000 | 20 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £225,000 results in an estimated price of approximately £361,128.
| 20 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.6 | 148.6 | 60.502 % | £225,000 | £136,128 | £361,128 |
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 | 13.901 % | £31,277 | £256,277 |
| 3 Month Average | 79.242 % | £178,294 | £403,294 |
| 6 Month Average | 89.698 % | £201,821 | £426,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £246,834 | £247,000 | 82 PEDLEY ROAD |
| 6 Jan 2023 | £437,937 | £440,000 | 32 CHADWAY |
| 31 Mar 2022 | £458,028 | £442,000 | 4 ANGLE GREEN |
| 18 Mar 2022 | £347,148 | £335,000 | 104 PEDLEY ROAD |
| 14 Feb 2022 | £446,220 | £425,500 | 105 MAYFIELD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Oct 2013. Using an estimated price of £361,129 means this house is valued at £3,722 per sq meter (£345 per sq foot).
The average size of a house on BURNSIDE ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfield Road |
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Mayfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chadway |