£284,408
This estimated value is based upon the latest sale price for the house of £265,000 on 29 Sep 2021. 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 |
|---|---|
| £265,000 | 29 Sep 2021 |
| £230,000 | 25 May 2017 |
| £123,000 | 18 Dec 2002 |
| £67,995 | 25 Feb 2000 |
| £47,000 | 18 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 September 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £265,000 results in an estimated price of approximately £284,408.
| 29 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £265,000 | £19,408 | £284,408 |
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 | 4.883 % | £12,940 | £277,940 |
| 3 Month Average | 47.651 % | £126,276 | £391,276 |
| 6 Month Average | 23.724 % | £62,869 | £327,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £358,133 | £355,000 | 7 CRYSTAL WAY |
| 25 Aug 2023 | £352,141 | £350,000 | 116 PEDLEY ROAD |
| 31 Mar 2023 | £211,997 | £210,000 | 34 PEDLEY ROAD |
| 17 Mar 2023 | £194,331 | £192,500 | 26 PEDLEY ROAD |
| 9 Jan 2023 | £371,251 | £373,000 | 4 CRYSTAL WAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 3 Nov 2016. Using an estimated price of £285,562 means this house is valued at £5,711 per sq meter (£530 per sq foot).
The average size of a house on JADE CLOSE is 61 sq meters (667 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Jade Close |
| Apr 2024 | Anti-social behaviour | On or near Pedley Road | |
| Mar 2024 | Burglary | Under investigation | On or near Pedley Road |
| Mar 2024 | Anti-social behaviour | On or near Pedley Road | |
| Feb 2024 | Anti-social behaviour | On or near Pedley Road |