£252,607
This estimated value is based upon the latest sale price for the house of £66,000 on 26 Apr 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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728a Green Lanes, Dagenham, RM8 1YX
Phone: 02077682197
| Price Paid | Date |
|---|---|
| £66,000 | 26 Apr 2000 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £66,000 results in an estimated price of approximately £252,607.
| 26 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £66,000 | £186,607 | £252,607 |
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 | 32.335 % | £21,340 | £87,340 |
| 3 Month Average | 357.006 % | £235,624 | £301,624 |
| 6 Month Average | 352.419 % | £232,596 | £298,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £440,000 | £440,000 | 19 FIELDWAY |
| 18 Dec 2023 | £402,364 | £390,000 | 85 LICHFIELD ROAD |
| 21 Sep 2023 | £368,115 | £360,000 | 75 LICHFIELD ROAD |
| 4 Sep 2023 | £409,016 | £400,000 | 16 LINDSEY ROAD |
| 10 Aug 2023 | £534,643 | £525,000 | 22 FIELDWAY |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Feb 2014. Using an estimated price of £252,608 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on FULLER ROAD is 95 sq meters (1,023 sq feet).