£258,406
This estimated value is based upon the latest sale price for the house of £154,000 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Rowallen Parade, Dagenham, RM8 1XU
Phone: 02080332050
Price Paid | Date |
---|---|
£154,000 | 21 Jun 2013 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 June 2013 the House Price Index for GREATER LONDON was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £154,000 results in an estimated price of approximately £258,406.
21 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 149.7 | 67.796 % | £154,000 | £104,406 | £258,406 |
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 | -43.500 % | £-66,989 | £87,010 |
3 Month Average | 92.926 % | £143,105 | £297,105 |
6 Month Average | 86.742 % | £133,582 | £287,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £432,218 | £425,000 | 740 GREEN LANE |
3 Mar 2023 | £391,539 | £385,000 | 6 WALDEGRAVE ROAD |
24 Feb 2023 | £368,461 | £366,000 | 15 WALDEGRAVE ROAD |
20 Jun 2022 | £510,921 | £500,000 | 36 DUNKELD ROAD |
25 Feb 2022 | £364,478 | £345,000 | 33 WALDEGRAVE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 23 Feb 2015. Using an estimated price of £258,406 means this house is valued at £3,355 per sq meter (£311 per sq foot).
The average size of a house on WALDEGRAVE ROAD is 82 sq meters (885 sq feet).