Full Address

79 DAGENHAM ROAD
ROMFORD
ROMFORD
GREATER LONDON
UNITED KINGDOM
RM7 0DH

Estimated Market Value

£280,374

This estimated value is based upon the latest sale price for the house of £210,000 on 26 Mar 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON1

There has been one burglary within the last year on or near Dagenham Road

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Transactions for this house
Price PaidDate
£210,00026 Mar 2008
£119,0005 Oct 2001
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 March 2008 the House Price Index for GREATER LONDON was 378.0.

The House Price Index as of 1 Feb 2015 is 504.6 which is a change of 33.512%.

Applying this 33.512% change to the original purchase price of £210,000 gives us an estimated price now of around £280,374.

26 Mar 2008 1 Feb 2015 % change Purchase Price Gain / Loss Estimated Price
378.0 504.6 33.512 % £210,000 £70,374 £280,374

The Postcode Pricing Model uses changes in average sales price within the RM7 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 21.257 % £44,640 £254,640
3 Month Average 16.357 % £34,348 £244,348
6 Month Average 11.204 % £23,529 £233,529

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2008 the average sale price for the 50 nearest sales within two miles of 79 DAGENHAM ROAD was £198,971.

In February 2015 the average sale price for the 50 nearest sales was £265,318. This is a change of 33.345%.

So taking the original purchase price of £210,000 and adjusting it by 33.345% gives an estimated price of £280,025.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 26 Mar 2008 Average price on 27 Feb 2015 % change Purchase Price Gain / Loss Estimated Price
£198,971 £265,318 33.345 % £210,000 £70,025 £280,025
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
23 Jul 2014 £220,546 £215,000 66 WOLSELEY ROAD
2 Jun 2014 £233,638 £222,555 155 DAGENHAM ROAD
14 Apr 2014 £243,755 £225,000 104 NORWOOD AVENUE
20 Dec 2013 £116,039 £100,000 48 OLDCHURCH GARDENS
29 Nov 2013 £271,105 £230,000 2 LILLIPUT ROAD

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Recent Crimes Near Here
DateCrimeOutcomeWhere
Jan 2015 Violence and sexual offences Investigation complete; no suspect identified On or near Dagenham Road
Dec 2014 Burglary Suspect charged On or near Dagenham Road
Nov 2014 Violence and sexual offences Suspect charged On or near Dagenham Road
Oct 2014 Violence and sexual offences Investigation complete; no suspect identified On or near Dagenham Road
Sep 2014 Vehicle crime Under investigation On or near Dagenham Road

View full details of these crimes and others in this area

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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