£389,383
This estimated value is based upon the latest sale price for the house of £250,000 on 23 May 2014. 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 |
---|---|
£250,000 | 23 May 2014 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £250,000 results in an estimated price of approximately £389,383.
23 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £250,000 | £139,383 | £389,383 |
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 | -52.263 % | £-130,656 | £119,343 |
3 Month Average | 66.913 % | £167,281 | £417,281 |
6 Month Average | 72.757 % | £181,892 | £431,892 |
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 |
30 Sep 2021 | £445,083 | £410,000 | 130 TEMPLE AVENUE |
26 Nov 2020 | £362,060 | £310,000 | 35 TEMPLE AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 13 Nov 2013. Using an estimated price of £389,383 means this house is valued at £3,572 per sq meter (£331 per sq foot).
The average size of a house on TEMPLE AVENUE is 83 sq meters (898 sq feet).