£440,451
This estimated value is based upon the latest sale price for the house of £420,000 on 9 Feb 2022. 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 | 9 Feb 2022 |
£190,000 | 31 May 2006 |
£150,000 | 19 Jan 2005 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £420,000 results in an estimated price of approximately £440,451.
9 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £420,000 | £20,451 | £440,451 |
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 | -31.744 % | £-133,324 | £286,675 |
3 Month Average | -1.683 % | £-7,066 | £412,933 |
6 Month Average | 4.058 % | £17,043 | £437,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £501,780 | £493,000 | 2 STANLEY AVENUE |
10 Aug 2023 | £466,077 | £462,000 | 35 STANLEY AVENUE |
24 Mar 2023 | £403,804 | £400,000 | 56 ROSSLYN AVENUE |
20 Jan 2023 | £437,937 | £440,000 | 33 WARLEY AVENUE |
20 May 2022 | £285,377 | £280,000 | 2 LANESIDE AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Nov 2021. Using an estimated price of £440,452 means this house is valued at £4,840 per sq meter (£449 per sq foot).
The average size of a house on LANESIDE AVENUE is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Laneside Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stanley Avenue |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Stanley Avenue |
Dec 2023 | Drugs | Under investigation | On or near Stanley Avenue |
Jan 2024 | Anti-social behaviour | On or near Warley Avenue |