£331,107
This estimated value is based upon the latest sale price for the house of £265,000 on 23 Feb 2018. 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 |
|---|---|
| £265,000 | 23 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £265,000 results in an estimated price of approximately £331,107.
| 23 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £265,000 | £66,107 | £331,107 |
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 | -27.533 % | £-72,961 | £192,038 |
| 3 Month Average | 20.892 % | £55,363 | £320,363 |
| 6 Month Average | 23.717 % | £62,850 | £327,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £390,252 | £385,000 | 23 NICHOLAS ROAD |
| 10 Nov 2022 | £306,290 | £310,000 | 604 BECONTREE AVENUE |
| 29 Jul 2022 | £382,028 | £381,000 | 51 ROWLANDS ROAD |
| 3 Feb 2022 | £393,260 | £375,000 | 90 HOMESTEAD ROAD |
| 3 Sep 2021 | £387,933 | £360,000 | 59 NICHOLAS ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 24 Feb 2019. Using an estimated price of £331,107 means this house is valued at £3,485 per sq meter (£323 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 Nicholas Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nicholas Road |
| Jan 2024 | Other crime | Under investigation | On or near Nicholas Road |