£450,628
This estimated value is based upon the latest sale price for the house of £420,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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761 Becontree Avenue, Dagenham, RM8 3HH
Phone: 02034630638
Price Paid | Date |
---|---|
£420,000 | 28 Jun 2021 |
£79,000 | 25 Aug 1998 |
£50,000 | 12 Feb 1996 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £420,000 results in an estimated price of approximately £450,628.
28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £420,000 | £30,628 | £450,628 |
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 | -36.501 % | £-153,306 | £266,693 |
3 Month Average | 0.559 % | £2,346 | £422,346 |
6 Month Average | 6.673 % | £28,027 | £448,027 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £501,780 | £493,000 | 2 STANLEY AVENUE |
28 Sep 2023 | £465,958 | £460,000 | 99 GROSVENOR ROAD |
23 Aug 2023 | £366,204 | £363,000 | 115 GROSVENOR ROAD |
10 Aug 2023 | £466,077 | £462,000 | 35 STANLEY AVENUE |
31 Mar 2022 | £441,448 | £426,000 | 12 STANLEY AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 31 Jan 2009. Using an estimated price of £450,628 means this house is valued at £5,006 per sq meter (£465 per sq foot).
The average size of a house on GROSVENOR ROAD is 87 sq meters (944 sq feet).