Full Address

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

Estimated Market Value

£324,756

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

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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 78.1.

The House Price Index as of 1 Nov 2016 is 120.8 which is a change of 54.646%.

Applying this 54.646% change to the original purchase price of £210,000 gives us an estimated price now of around £324,755.

26 Mar 2008 1 Nov 2016 % change Purchase Price Gain / Loss Estimated Price
78.1 120.8 54.646 % £210,000 £114,755 £324,755

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 57.955 % £121,705 £331,705
3 Month Average 70.332 % £147,697 £357,697
6 Month Average 55.991 % £117,580 £327,580

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 December 2016 the average sale price for the 50 nearest sales was £330,983. This is a change of 66.347%.

So taking the original purchase price of £210,000 and adjusting it by 66.347% gives an estimated price of £349,329.

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 29 Dec 2016 % change Purchase Price Gain / Loss Estimated Price
£198,971 £330,983 66.347 % £210,000 £139,329 £349,329
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
3 Oct 2016 £336,902 £337,500 42 DAGENHAM ROAD
10 Jun 2016 £319,209 £316,500 16 LILLIPUT ROAD
14 Apr 2016 £238,060 £230,000 74 NORWOOD AVENUE
22 Jan 2016 £156,459 £147,000 68 OLDCHURCH GARDENS
6 Nov 2015 £348,356 £320,000 111 DAGENHAM ROAD

Show these sales on a map

Recent Crimes Near Here
DateCrimeOutcomeWhere
Dec 2016 Violence and sexual offences Under investigation On or near Dagenham Road
Sep 2016 Drugs Offender given a drugs possession warning On or near Dagenham Road
Oct 2016 Public order Under investigation On or near East Road
Sep 2016 Burglary Investigation complete; no suspect identified On or near East Road
Sep 2016 Criminal damage and arson Investigation complete; no suspect identified On or near East 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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