£308,849
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Feb 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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425 Beacontree Avenue, Dagenham, RM8 3UH
Phone: 02081158839
Price Paid | Date |
---|---|
£180,000 | 11 Feb 2010 |
£103,500 | 22 Feb 2002 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £180,000 results in an estimated price of approximately £308,849.
11 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £180,000 | £128,849 | £308,849 |
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 | -42.434 % | £-76,382 | £103,617 |
3 Month Average | 107.343 % | £193,217 | £373,217 |
6 Month Average | 102.496 % | £184,493 | £364,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £335,303 | £325,000 | 119 BENNETTS CASTLE LANE |
6 Oct 2023 | £326,414 | £319,000 | 93 BENNETTS CASTLE LANE |
16 Jan 2023 | £330,884 | £330,000 | 19 NEVILLE ROAD |
2 Mar 2022 | £365,377 | £350,000 | 13 NEVILLE ROAD |
7 Feb 2022 | £412,018 | £390,000 | 392 BECONTREE AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Nov 2019. Using an estimated price of £308,850 means this house is valued at £3,591 per sq meter (£333 per sq foot).
There is one other house on the street which we know the size of, this is 5 NEVILLE GARDENS it is 87.0