£322,553
This estimated value is based upon the latest sale price for the house of £68,000 on 19 May 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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425 Beacontree Avenue, Dagenham, RM8 3UH
Phone: 02081158839
Price Paid | Date |
---|---|
£68,000 | 19 May 1998 |
£46,000 | 17 Mar 1995 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 May 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 374.343%.Applying this 374.343% change to the original purchase price of £68,000 results in an estimated price of approximately £322,553.
19 May 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.6 | 149.7 | 374.343 % | £68,000 | £254,553 | £322,553 |
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 | 479.279 % | £325,909 | £393,909 |
3 Month Average | 422.026 % | £286,977 | £354,977 |
6 Month Average | 449.741 % | £305,823 | £373,823 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £333,465 | £325,000 | 38 LYNETT ROAD |
9 Nov 2023 | £220,600 | £215,000 | 1 BONHAM ROAD |
7 Sep 2023 | £373,227 | £365,000 | 56 LYNETT ROAD |
20 Jun 2022 | £367,863 | £360,000 | 14 LYNETT ROAD |
20 Dec 2021 | £420,930 | £390,000 | 14 CORIES CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Oct 2014. Using an estimated price of £322,554 means this house is valued at £4,479 per sq meter (£416 per sq foot).
The average size of a house on LYMINGTON ROAD is 72 sq meters (779 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Inskip Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Inskip Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Inskip Road |
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Inskip Road |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Inskip Road |