£465,722
This estimated value is based upon the latest sale price for the house of £370,000 on 19 Feb 2018. 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 |
|---|---|
| £370,000 | 19 Feb 2018 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £370,000 results in an estimated price of approximately £465,722.
| 19 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £370,000 | £95,722 | £465,722 |
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 | -64.650 % | £-239,205 | £130,794 |
| 3 Month Average | 25.414 % | £94,031 | £464,031 |
| 6 Month Average | 17.046 % | £63,071 | £433,071 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £436,069 | £425,000 | 154 TEMPLE AVENUE |
| 3 Nov 2023 | £406,314 | £396,000 | 162 TEMPLE AVENUE |
| 24 Aug 2023 | £448,082 | £440,000 | 21 GRAY AVENUE |
| 2 Feb 2023 | £463,093 | £460,000 | 7 GRAY AVENUE |
| 20 Apr 2022 | £414,969 | £400,000 | 35 MOUNT ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 29 Sep 2017. Using an estimated price of £465,723 means this house is valued at £5,062 per sq meter (£470 per sq foot).
The average size of a house on TEMPLE AVENUE is 83 sq meters (898 sq feet).