£296,335
This estimated value is based upon the latest sale price for the house of £62,000 on 23 Mar 1998. 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 |
|---|---|
| £62,000 | 23 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £62,000 results in an estimated price of approximately £296,335.
| 23 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £62,000 | £234,335 | £296,335 |
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 | 234.116 % | £145,151 | £207,151 |
| 3 Month Average | 435.294 % | £269,882 | £331,882 |
| 6 Month Average | 471.063 % | £292,059 | £354,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £405,181 | £400,000 | 45 GREENWAY |
| 7 Sep 2023 | £243,108 | £240,000 | 27 MANOR SQUARE |
| 16 Sep 2022 | £277,757 | £280,000 | 81 MANOR SQUARE |
| 2 Sep 2022 | £362,076 | £365,000 | 9 BENNETTS CASTLE LANE |
| 25 Jul 2022 | £225,607 | £225,000 | 20 MANOR SQUARE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Mar 2015. Using an estimated price of £296,336 means this house is valued at £3,527 per sq meter (£327 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 | Local resolution | On or near Chitty'S Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chitty'S Lane |
| Jan 2024 | Robbery | Under investigation | On or near Fossway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fossway |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fossway |