£399,422
This estimated value is based upon the latest sale price for the house of £300,000 on 8 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Homestead Road
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761 Becontree Avenue, Dagenham, RM8 3HH
Phone: 02034630638
| Price Paid | Date |
|---|---|
| £300,000 | 8 Aug 2016 |
| £129,000 | 28 Aug 2002 |
| £59,950 | 20 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 867 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £300,000 results in an estimated price of approximately £399,422.
| 8 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £300,000 | £99,422 | £399,422 |
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 | -28.833 % | £-86,499 | £213,500 |
| 3 Month Average | 12.260 % | £36,778 | £336,778 |
| 6 Month Average | 25.114 % | £75,342 | £375,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £318,284 | £314,000 | 5 HOMESTEAD ROAD |
| 30 Mar 2023 | £400,776 | £397,000 | 42 COOTE ROAD |
| 17 Mar 2023 | £439,137 | £435,000 | 30 HOMESTEAD ROAD |
| 29 Jul 2022 | £382,028 | £381,000 | 51 ROWLANDS ROAD |
| 28 Sep 2021 | £447,201 | £415,000 | 3 HOMESTEAD ROAD |
This house has a floor area of 80 sq meters or 867 sq feet when measured on 9 May 2009. Using an estimated price of £399,422 means this house is valued at £4,956 per sq meter (£460 per sq foot).
The average size of a house on HOMESTEAD ROAD is 85 sq meters (920 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Homestead Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Homestead Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Rowlands Road |