£263,321
This estimated value is based upon the latest sale price for the house of £156,000 on 7 Feb 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Green Lane, Dagenham, RM8 1DH
Phone: 02035899551
| Price Paid | Date |
|---|---|
| £156,000 | 7 Feb 2013 |
| £117,500 | 29 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 2013 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £156,000 results in an estimated price of approximately £263,321.
| 7 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £156,000 | £107,321 | £263,321 |
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 | 13.739 % | £21,433 | £177,433 |
| 3 Month Average | 87.440 % | £136,405 | £292,405 |
| 6 Month Average | 102.273 % | £159,545 | £315,545 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £329,884 | £325,000 | 38 LYNETT ROAD |
| 7 Sep 2023 | £369,727 | £365,000 | 56 LYNETT ROAD |
| 25 Aug 2023 | £403,530 | £400,000 | 4 DAVID ROAD |
| 9 Nov 2022 | £296,410 | £300,000 | 19 LYNETT ROAD |
| 1 Jul 2022 | £255,688 | £255,000 | 16 SPARKS CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Jul 2012. Using an estimated price of £263,321 means this house is valued at £3,989 per sq meter (£370 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sparks Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sparks Close |
| Dec 2023 | Anti-social behaviour | On or near Cories Close | |
| Dec 2023 | Anti-social behaviour | On or near Cories Close | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cories Close |