£299,093
This estimated value is based upon the latest sale price for the house of £292,500 on 18 Sep 2023. 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 |
---|---|
£292,500 | 18 Sep 2023 |
£103,000 | 8 Aug 2001 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £292,500 results in an estimated price of approximately £299,093.
18 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £292,500 | £6,593 | £299,093 |
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 | -55.537 % | £-162,444 | £130,055 |
3 Month Average | 32.204 % | £94,196 | £386,696 |
6 Month Average | 5.086 % | £14,877 | £307,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £406,242 | £400,000 | 1134 GREEN LANE |
12 Oct 2023 | £425,668 | £416,000 | 1116 GREEN LANE |
18 Sep 2023 | £299,093 | £292,500 | 1130 GREEN LANE |
12 Apr 2023 | £392,338 | £385,000 | 751 BECONTREE AVENUE |
26 Apr 2022 | £373,472 | £360,000 | 6 TENTERDEN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 Mar 2015. Using an estimated price of £299,093 means this house is valued at £3,834 per sq meter (£356 per sq foot).
The average size of a house on GREEN LANE is 79 sq meters (860 sq feet).