£421,552
This estimated value is based upon the latest sale price for the house of £350,000 on 24 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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425 Beacontree Avenue, Dagenham, RM8 3UH
Phone: 02081158839
| Price Paid | Date |
|---|---|
| £350,000 | 24 Mar 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £350,000 results in an estimated price of approximately £421,552.
| 24 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £350,000 | £71,552 | £421,552 |
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 | 19.050 % | £66,674 | £416,674 |
| 3 Month Average | 6.968 % | £24,388 | £374,388 |
| 6 Month Average | 15.336 % | £53,677 | £403,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £390,252 | £385,000 | 64 MARTIN ROAD |
| 24 Jun 2022 | £224,168 | £221,000 | 33B WOOD LANE |
| 22 Jun 2022 | £309,372 | £305,000 | 15 LINKWAY |
| 25 Feb 2022 | £378,579 | £361,000 | 65 MARTIN ROAD |
| 17 Sep 2021 | £371,769 | £345,000 | 36 GROVEWAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 17 Jan 2020. Using an estimated price of £421,553 means this house is valued at £3,763 per sq meter (£349 per sq foot).
The average size of a house on WOOD LANE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A124 |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martin Road |