£279,984
This estimated value is based upon the latest sale price for the house of £162,000 on 18 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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525 Gale Street, Dagenham, RM9 4TP
Phone: 02036414337
| Price Paid | Date |
|---|---|
| £162,000 | 18 Dec 2009 |
| £150,000 | 6 Jul 2004 |
| £42,000 | 3 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 723 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 December 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £162,000 results in an estimated price of approximately £279,984.
| 18 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.830 % | £162,000 | £117,984 | £279,984 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 126.471 % | £204,883 | £366,883 |
| 3 Month Average | 92.160 % | £149,299 | £311,299 |
| 6 Month Average | 113.821 % | £184,390 | £346,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £348,755 | £345,000 | 146 ROMSEY ROAD |
| 29 Mar 2022 | £336,785 | £325,000 | 4 THETFORD GARDENS |
| 25 Feb 2022 | £555,808 | £530,000 | 1 VINCENT ROAD |
| 4 Feb 2022 | £498,130 | £475,000 | 35 ELSTOW ROAD |
| 31 Jan 2022 | £347,295 | £330,000 | 5 ELSTOW ROAD |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 12 May 2009. Using an estimated price of £279,984 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on ELSTOW GARDENS is 89 sq meters (966 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (723 sq feet).