£378,951
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Jan 2017. 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 |
---|---|
£290,000 | 20 Jan 2017 |
£143,000 | 20 Jun 2003 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £290,000 results in an estimated price of approximately £378,951.
20 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £290,000 | £88,951 | £378,951 |
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 | 29.120 % | £84,448 | £374,448 |
3 Month Average | 13.396 % | £38,849 | £328,849 |
6 Month Average | 17.121 % | £49,650 | £339,650 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £447,836 | £440,000 | 148 MARSTON AVENUE |
4 Aug 2023 | £418,663 | £415,000 | 63 STANSGATE ROAD |
1 Aug 2023 | £348,045 | £345,000 | 26 CALVERLEY CRESCENT |
24 Feb 2023 | £354,761 | £355,000 | 47 CALVERLEY CRESCENT |
17 Jun 2022 | £426,021 | £420,000 | 203 MARSTON AVENUE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Jan 2017. Using an estimated price of £378,951 means this house is valued at £7,017 per sq meter (£651 per sq foot).
The average size of a house on CALVERLEY CRESCENT is 94 sq meters (1,012 sq feet).