Dagenham

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Area Guide For Dagenham

Dagenham is a large suburb in East London, forming the eastern part of the London Borough of Barking and Dagenham and located 12 miles (19.3 km) east of Charing Cross. It was historically an agrarian village in the county of Essex and remained mostly undeveloped until 1921 when the London County Council began construction of the large Becontree estate. The population of the area significantly increased during the 20th century, with the parish of Dagenham becoming an urban district in 1926 and a municipal borough in 1938. It has formed part of Greater London since 1965 and is a predominantly residential area, with some areas of declining industrial activity, including the Ford Dagenham plant. The population is set to rise as the southern part of Dagenham, adjacent to the River Thames, forms part of the London Riverside section of the Thames Gateway redevelopment area. Dagenham first appeared in a document (as Dccanhaam) in a charter of Barking Abbey dating from 686 AD. The name almost certainly originated with a small farmstead, the "ham" or farm of a man called Daecca, as Dccan hamm in Old English means home of a man called Dcca. In 1931 the Ford Motor Company relocated from

Dagenham Map

Estimated Price: £228,449
Average Asking Price: £261,678
Price change in last one year: £24,592

Average Price Paid: £178,317
Average Rent Rates: £1,232

Property Prices Breakdown in Dagenham

Average Price for property in Dagenham is around £228,449 which varies based on type of property you are interested in and ranges from £308,673 for detached house to around £258,027 for semi-detached. Similarly terraced house is around £231,106 and a flat is worth £171,257. Values have been changing and have risen £2,894 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,341 in last 6 months, £24,592 in last 1 year, £43,740 in last 2 years, £44,279 in last 3 years, £48,732 in last 4 years and £44,951 in last 5 years.

Currently average asking price of a property in Dagenham is around £261,678 based on approximately 986 properties for sale. Same is the case with rental options based on 179 properties up for rent, average asking rent is around £1,232 per month.

Estimated property value in Dagenham is £228,449. Average asking price is £261,678 while average price paid is £203,093 which is up by £24,592 and Avg. asking rent £1,232.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Dagenham area. In last 1 year alone average price buyer paid is around £203,093 based on approximately 986 sales in Dagenham area alone. If you compare it to last 3 years sales of 2,729 properties where buyers paid around £184,217. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £178,317 for 4,370 and average amount paid for purchase of approx. 5,974 properties sold in last 7 years comes to about £178,003 per sale.

Kitchen

Bedroom

Bathroom

Living Room

Dining Room

Family Room

Drawing Room

Garden

House Front

Front Lawn

Attic Space

Backyard

Balcony

Basement

Conservatory/Sun room

Corridor

Door

Drawing/Blue print

En-Suite

Entry/Entrance

Fireplace

Garage/Shed

Gym

Hall

Home Bar

Home Office

Interior Decor

Kids Room

Landing

Laundry

Mirror

Misc

Neighbourhood

Outdoor Landscaping

Outside Look

Parking

Pools & Sport

Rear Elevation

Rooftop

Staircase

Storage/Closet

Study Room

Swimming pool

Utility Room

Wardrobe

Water View

Window

Wine Cellar

Work Room

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £237,387, £255,726 for a 3 bedroom house, £332,828 for a 4 bedroom house and £400,000 for a 5 bedroom house. For a flat similarly the prices varies from £159,620 for a single bedroom to £182,933 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £189,998. To sum up the asking prices for properties in Dagenham it comes to around average £159,620 for 1 bedroom property, £215,892 for 2 bedroom, £253,097 for 3 bedroom, £332,828 for 4 bedroom and £400,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £783 for 1 bedroom to £1,150 for 2 bedrooms, £1,325 for 3 bedrooms, £1,427 for 4 bedrooms and £1,679 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £836. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,137, £1,243 for 3 bedroom and £1,384 for 4 bedroom. You should be generally be expecting around average £822 rent per month for single bedroom property, £1,145 for 2 bedroom, £1,316 for 3 bedroom, £1,415 for 4 bedroom and approximately £1,679 for a 5 bedroom property in Dagenham area.

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.