£276,480
This estimated value is based upon the latest sale price for the house of £160,000 on 29 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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296 Heathway, Dagenham, RM10 8LU
Phone: 02081158314
| Price Paid | Date |
|---|---|
| £160,000 | 29 Jul 2011 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 859 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £160,000 results in an estimated price of approximately £276,480.
| 29 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £160,000 | £116,480 | £276,480 |
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 | 91.594 % | £146,549 | £306,549 |
| 3 Month Average | 117.130 % | £187,407 | £347,407 |
| 6 Month Average | 123.594 % | £197,750 | £357,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2022 | £388,953 | £390,000 | 4 NORTHFIELD ROAD |
| 28 Jan 2022 | £352,557 | £335,000 | 42 NORTHFIELD ROAD |
| 25 Nov 2021 | £359,063 | £332,000 | 26 OSBORNE SQUARE |
| 19 Nov 2021 | £400,160 | £370,000 | 551 HEATHWAY |
| 8 Oct 2021 | £409,397 | £370,000 | 28 NORTHFIELD ROAD |
This house has a floor area of 79 sq meters or 859 sq feet when measured on 18 Feb 2011. Using an estimated price of £276,481 means this house is valued at £3,462 per sq meter (£321 per sq foot).
The average size of a house on OXLOW LANE is 85 sq meters (917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Northfield Road |