£283,278
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Nov 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
761 Becontree Avenue, Dagenham, RM8 3HH
Phone: 02034630638
| Price Paid | Date |
|---|---|
| £215,000 | 9 Nov 2016 |
| £140,000 | 16 Jun 2005 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2016 the House Price Index for GREATER LONDON was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £215,000 results in an estimated price of approximately £283,278.
| 9 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £215,000 | £68,278 | £283,278 |
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 | 43.068 % | £92,596 | £307,596 |
| 3 Month Average | 6.028 % | £12,960 | £227,960 |
| 6 Month Average | 20.441 % | £43,948 | £258,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £258,832 | £255,000 | 7 SPARROW GREEN |
| 23 Feb 2023 | £401,730 | £402,000 | 12 HAMDEN CRESCENT |
| 20 Jan 2023 | £408,078 | £410,000 | 1 SPARROW GREEN |
| 15 Oct 2022 | £321,538 | £325,000 | 10 HAMDEN CRESCENT |
| 8 Jul 2022 | £461,242 | £460,000 | 57 LAWRENCE CRESCENT |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Apr 2016. Using an estimated price of £283,279 means this house is valued at £3,777 per sq meter (£350 per sq foot).
The average size of a house on SPARROW GREEN is 92 sq meters (999 sq feet).