2, LAKE CLOSE, DAGENHAM, RM8 2TE - £234,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 LAKE CLOSE is a terraced house, which could now be worth an estimated £507,074. It was last sold for £234,000 in November 2006, which was around 29% above the average November 2006 terraced price in the Barking and Dagenham local authority area.

2 LAKE CLOSE Sold Prices

Land registry data shows three sales for 2 LAKE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Barking and Dagenham local authority area for the corresponding sale date. Two of the three 2 LAKE CLOSE sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2006 24 NOV	£234,000	£181,600	29% above HPI
2003 2 OCT	£185,000	£151,883	22% above HPI
2001 9 NOV	£51,750	£101,082	49% below HPI

What might 2 LAKE CLOSE be worth now?

2 LAKE CLOSE might now be worth an estimated £507,074.

This is based on house price inflation of 116.7%, between November 2006 and May 2026, for terraced houses, in the Barking and Dagenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 116.7% inflationary increase is applied to the most recent sale price for 2 LAKE CLOSE of £234,000 on 24th November 2006. For the value to have increased from £234,000 to £507,074 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 2 LAKE CLOSE has moved in line with the HPI for terraced houses in the Barking and Dagenham local authority area.
• The November 2006 sale price of £234,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAKE CLOSE has not materially changed since November 2006.

Where is 2 LAKE CLOSE?

2 LAKE CLOSE is located in DAGENHAM, in the RM8 postcode district.