£552,956
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Nov 2003. 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 |
---|---|
£250,000 | 26 Nov 2003 |
£170,000 | 20 Apr 2000 |
Terraced |
Freehold |
Floor Area: 66 sq meters or 710 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 November 2003 the House Price Index for GREATER LONDON was 67.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 121.183%.Applying this 121.183% change to the original purchase price of £250,000 results in an estimated price of approximately £552,956.
26 Nov 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
67.2 | 148.6 | 121.183 % | £250,000 | £302,956 | £552,956 |
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 | 42.023 % | £105,057 | £355,057 |
3 Month Average | 126.879 % | £317,198 | £567,198 |
6 Month Average | 147.095 % | £367,736 | £617,736 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £339,108 | £335,000 | 109 WHALEBONE LANE SOUTH |
29 Mar 2023 | £109,027 | £108,000 | 77 WHALEBONE LANE SOUTH |
24 Mar 2023 | £363,424 | £360,000 | 48A WHALEBONE LANE SOUTH |
10 Feb 2023 | £109,926 | £110,000 | 66A WHALEBONE LANE SOUTH |
14 Jul 2022 | £411,107 | £410,000 | 12 GROSVENOR ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 26 Oct 2017. Using an estimated price of £552,957 means this house is valued at £8,378 per sq meter (£778 per sq foot).
The average size of a house on WHALEBONE LANE SOUTH is 67 sq meters (730 sq feet).