£388,922
This estimated value is based upon the latest sale price for the house of £333,000 on 23 Nov 2020. 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 |
---|---|
£333,000 | 23 Nov 2020 |
£320,000 | 19 Aug 2016 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £333,000 results in an estimated price of approximately £388,922.
23 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £333,000 | £55,922 | £388,922 |
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 | -67.971 % | £-226,344 | £106,655 |
3 Month Average | 12.671 % | £42,193 | £375,193 |
6 Month Average | 6.485 % | £21,595 | £354,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £368,115 | £360,000 | 17 DONNE ROAD |
24 Feb 2023 | £368,461 | £366,000 | 15 WALDEGRAVE ROAD |
16 Nov 2022 | £363,550 | £365,250 | 23 ALLEYNDALE ROAD |
10 Mar 2022 | £365,377 | £350,000 | 19 ALLEYNDALE ROAD |
4 Feb 2022 | £351,800 | £333,000 | 177 BURNSIDE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Oct 2015. Using an estimated price of £388,923 means this house is valued at £6,173 per sq meter (£573 per sq foot).
The average size of a house on DONNE ROAD is 84 sq meters (907 sq feet).