£444,500
This estimated value is based upon the latest sale price for the house of £350,000 on 22 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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296 Heathway, Dagenham, RM10 8LU
Phone: 02081158314
| Price Paid | Date |
|---|---|
| £350,000 | 22 Nov 2017 |
| £185,000 | 10 Sep 2004 |
| £52,000 | 14 Dec 2001 |
| £85,000 | 21 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £350,000 results in an estimated price of approximately £444,500.
| 22 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £350,000 | £94,500 | £444,500 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 12.637 % | £44,229 | £394,229 |
| 3 Month Average | 27.148 % | £95,017 | £445,017 |
| 6 Month Average | 30.064 % | £105,223 | £455,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £405,288 | £395,000 | 21 BURY ROAD |
| 23 Jun 2023 | £382,669 | £375,000 | 33 SURREY ROAD |
| 19 Aug 2022 | £421,973 | £420,000 | 40 SURREY ROAD |
| 27 Sep 2021 | £390,805 | £360,000 | 36 VICTORIA ROAD |
| 30 Jun 2021 | £416,134 | £385,000 | 35 SURREY ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Jul 2016. Using an estimated price of £444,500 means this house is valued at £5,109 per sq meter (£474 per sq foot).
The average size of a house on BURY ROAD is 101 sq meters (1,091 sq feet).