£294,674
This estimated value is based upon the latest sale price for the house of £280,000 on 7 Jan 2022. 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 |
|---|---|
| £280,000 | 7 Jan 2022 |
| £147,500 | 12 Mar 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £280,000 results in an estimated price of approximately £294,674.
| 7 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £280,000 | £14,674 | £294,674 |
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 | 2.648 % | £7,413 | £287,413 |
| 3 Month Average | 0.387 % | £1,084 | £281,084 |
| 6 Month Average | 6.135 % | £17,178 | £297,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £283,433 | £280,000 | 16 BRADWELL AVENUE |
| 22 Jul 2022 | £235,634 | £235,000 | FLAT 4 MASON APARTMENTS 115 RAINHAM ROAD NORTH |
| 4 Feb 2022 | £157,304 | £150,000 | 13 HAWKWELL HOUSE GOSFIELD ROAD |
| 7 Jan 2022 | £294,674 | £280,000 | 123 GOSFIELD ROAD |
| 17 Dec 2021 | £299,986 | £280,000 | 67 GOSFIELD ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 25 Oct 2021. Using an estimated price of £294,674 means this house is valued at £3,508 per sq meter (£325 per sq foot).
The average size of a house on GOSFIELD ROAD is 83 sq meters (895 sq feet).