£450,945
This estimated value is based upon the latest sale price for the house of £447,000 on 18 Aug 2023. 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 |
|---|---|
| £447,000 | 18 Aug 2023 |
| £40,000 | 30 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £447,000 results in an estimated price of approximately £450,945.
| 18 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £447,000 | £3,945 | £450,945 |
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 | -43.640 % | £-195,069 | £251,930 |
| 3 Month Average | 29.578 % | £132,213 | £579,213 |
| 6 Month Average | 14.486 % | £64,751 | £511,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £263,367 | £260,000 | FLAT 13 ROYAL OAK COURT GREEN LANE |
| 18 Aug 2023 | £450,945 | £447,000 | 717 GREEN LANE |
| 2 Sep 2022 | £362,076 | £365,000 | 9 BENNETTS CASTLE LANE |
| 10 May 2022 | £183,457 | £180,000 | 12 BENNETTS CASTLE LANE |
| 22 Apr 2022 | £236,854 | £230,000 | FLAT 2 ROYAL OAK COURT GREEN LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 23 Aug 2019. Using an estimated price of £450,945 means this house is valued at £5,305 per sq meter (£492 per sq foot).
The average size of a house on GREEN LANE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fossway |
| Jan 2024 | Robbery | Under investigation | On or near Fossway |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fossway |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Fossway |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fossway |