£482,551
This estimated value is based upon the latest sale price for the house of £375,000 on 15 May 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 |
|---|---|
| £375,000 | 15 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £375,000 results in an estimated price of approximately £482,551.
| 15 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £375,000 | £107,551 | £482,551 |
The Postcode Pricing Model uses changes in average sales price within the RM7 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 | 0.588 % | £2,206 | £377,206 |
| 3 Month Average | 2.809 % | £10,535 | £385,535 |
| 6 Month Average | 17.759 % | £66,595 | £441,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £464,060 | £460,000 | 6 EDDY CLOSE |
| 2 Feb 2023 | £479,677 | £480,000 | 17 WEALD WAY |
| 31 Oct 2022 | £369,027 | £373,000 | 14 EDDY CLOSE |
| 19 Aug 2022 | £463,752 | £465,000 | 16 EDDY CLOSE |
| 30 Jun 2022 | £380,375 | £375,000 | 18 WEALD WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Jun 2016. Using an estimated price of £482,551 means this house is valued at £6,108 per sq meter (£567 per sq foot).
The average size of a house on EDDY CLOSE is 92 sq meters (997 sq feet).