£210,423
This estimated value is based upon the latest sale price for the house of £135,000 on 31 Jan 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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728a Green Lanes, Dagenham, RM8 1YX
Phone: 02077682197
| Price Paid | Date |
|---|---|
| £135,000 | 31 Jan 2008 |
| £150,000 | 21 Dec 2007 |
| £161,500 | 30 Mar 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 547 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 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £135,000 results in an estimated price of approximately £210,423.
| 31 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £135,000 | £75,423 | £210,423 |
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 | 4.990 % | £6,737 | £141,737 |
| 3 Month Average | 70.459 % | £95,119 | £230,119 |
| 6 Month Average | 82.350 % | £111,172 | £246,172 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £486,217 | £480,000 | 124 STEVENS ROAD |
| 14 Feb 2023 | £449,697 | £450,000 | 96 STEVENS ROAD |
| 29 Apr 2022 | £350,132 | £340,000 | 128 LICHFIELD ROAD |
| 25 Mar 2022 | £336,785 | £325,000 | 262 BECONTREE AVENUE |
| 1 Dec 2021 | £449,978 | £420,000 | 141 LICHFIELD ROAD |
This house has a floor area of 50 sq meters or 547 sq feet when measured on 26 Mar 2009. Using an estimated price of £210,424 means this house is valued at £4,140 per sq meter (£384 per sq foot).
The average size of a house on BECONTREE AVENUE is 79 sq meters (857 sq feet).