£281,872
This estimated value is based upon the latest sale price for the house of £173,000 on 11 Mar 2007. 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 |
---|---|
£173,000 | 11 Mar 2007 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 March 2007 the House Price Index for GREATER LONDON was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £173,000 results in an estimated price of approximately £281,872.
11 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £173,000 | £108,872 | £281,872 |
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 | -44.018 % | £-76,151 | £96,848 |
3 Month Average | 92.068 % | £159,276 | £332,276 |
6 Month Average | 90.441 % | £156,462 | £329,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £422,998 | £410,000 | 16 FAMBRIDGE ROAD |
23 Nov 2023 | £436,069 | £425,000 | 154 TEMPLE AVENUE |
3 Nov 2023 | £406,314 | £396,000 | 162 TEMPLE AVENUE |
25 Jan 2022 | £466,487 | £440,000 | 25 FAMBRIDGE ROAD |
29 Oct 2021 | £468,161 | £420,000 | 52 STANLEY AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Feb 2014. Using an estimated price of £281,873 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on STANLEY AVENUE is 83 sq meters (903 sq feet).