£447,556
This estimated value is based upon the latest sale price for the house of £435,000 on 14 Jul 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 |
|---|---|
| £435,000 | 14 Jul 2023 |
| Semi-Detached |
| Freehold |
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 July 2023 the House Price Index for GREATER LONDON was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £435,000 results in an estimated price of approximately £447,556.
| 14 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.5 | 149.7 | 2.887 % | £435,000 | £12,556 | £447,556 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | -12.790 % | £-55,636 | £379,363 |
| 3 Month Average | -6.260 % | £-27,230 | £407,769 |
| 6 Month Average | -8.748 % | £-38,051 | £396,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £392,047 | £380,000 | 38 BULL LANE |
| 23 Jun 2023 | £431,650 | £423,000 | 6 BULL LANE |
| 20 Jan 2023 | £376,005 | £375,000 | 116 FRIZLANDS LANE |
| 25 Nov 2022 | £404,110 | £406,000 | 16 LISTOWEL ROAD |
| 18 Nov 2022 | £420,036 | £422,000 | 131 FRIZLANDS LANE |