£275,090
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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941 Green Lane, Dagenham, RM8 1DJ
Phone: 02030074091
| Price Paid | Date |
|---|---|
| £215,000 | 11 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £215,000 results in an estimated price of approximately £275,090.
| 11 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £215,000 | £60,090 | £275,090 |
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 | -68.315 % | £-146,877 | £68,122 |
| 3 Month Average | 22.066 % | £47,442 | £262,442 |
| 6 Month Average | 10.804 % | £23,229 | £238,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £446,330 | £435,000 | 79 BENTRY ROAD |
| 31 Aug 2023 | £389,016 | £382,000 | 1018 GREEN LANE |
| 10 Aug 2023 | £341,153 | £335,000 | 84 BENTRY ROAD |
| 4 Mar 2022 | £224,446 | £215,000 | 115 BENTRY ROAD |
| 1 Feb 2021 | £383,113 | £335,000 | 659 BECONTREE AVENUE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 23 Aug 2013. Using an estimated price of £275,090 means this house is valued at £5,290 per sq meter (£491 per sq foot).
The average size of a house on BENTRY ROAD is 76 sq meters (825 sq feet).