£328,513
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Aug 2019. 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 |
|---|---|
| £265,000 | 16 Aug 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £265,000 results in an estimated price of approximately £328,513.
| 16 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £265,000 | £63,513 | £328,513 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 15.647 % | £41,463 | £306,463 |
| 3 Month Average | 11.838 % | £31,370 | £296,370 |
| 6 Month Average | 15.868 % | £42,049 | £307,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £308,840 | £301,000 | 30 TREFGARNE ROAD |
| 10 Oct 2023 | £260,926 | £255,000 | 3 GOSFIELD ROAD |
| 2 Jun 2023 | £285,726 | £280,000 | 16 BRADWELL AVENUE |
| 30 Jan 2023 | £343,919 | £343,000 | 29 TREFGARNE ROAD |
| 22 Jul 2022 | £237,379 | £235,000 | FLAT 4 MASON APARTMENTS 115 RAINHAM ROAD NORTH |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 14 Jun 2019. Using an estimated price of £328,514 means this house is valued at £4,693 per sq meter (£435 per sq foot).
The average size of a house on STOUR ROAD is 72 sq meters (781 sq feet).