£281,933
This estimated value is based upon the latest sale price for the house of £164,995 on 7 May 2010. 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 |
|---|---|
| £164,995 | 7 May 2010 |
| £88,600 | 2 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 May 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £164,995 results in an estimated price of approximately £281,933.
| 7 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £164,995 | £116,938 | £281,933 |
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 | 99.802 % | £164,667 | £329,662 |
| 3 Month Average | 104.282 % | £172,059 | £337,054 |
| 6 Month Average | 112.017 % | £184,822 | £349,817 |
| 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 93 sq meters or 1,001 sq feet when measured on 12 Sep 2020. Using an estimated price of £281,933 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on VICTORIA ROAD is 98 sq meters (1,061 sq feet).