£325,013
This estimated value is based upon the latest sale price for the house of £178,000 on 3 Nov 2005. 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 |
|---|---|
| £178,000 | 3 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £178,000 results in an estimated price of approximately £325,013.
| 3 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 149.7 | 82.592 % | £178,000 | £147,013 | £325,013 |
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 | -36.839 % | £-65,573 | £112,426 |
| 3 Month Average | 116.120 % | £206,694 | £384,694 |
| 6 Month Average | 108.356 % | £192,873 | £370,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £453,026 | £450,000 | 42 TEMPLE AVENUE |
| 2 Aug 2022 | £396,856 | £395,000 | 43 TEMPLE AVENUE |
| 25 Mar 2022 | £443,672 | £425,000 | 33 BRENDON ROAD |
| 12 Nov 2021 | £234,247 | £215,000 | 3 ALBERT ROAD |
| 11 Nov 2021 | £408,570 | £375,000 | 11 ALBERT ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Jun 2020. Using an estimated price of £325,013 means this house is valued at £4,276 per sq meter (£397 per sq foot).
The average size of a house on TEMPLE AVENUE is 83 sq meters (898 sq feet).