£349,445
This estimated value is based upon the latest sale price for the house of £288,000 on 20 Mar 2020. 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 |
|---|---|
| £288,000 | 20 Mar 2020 |
| £182,500 | 31 Aug 2007 |
| £54,000 | 17 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £288,000 results in an estimated price of approximately £349,445.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £288,000 | £61,445 | £349,445 |
The Postcode Pricing Model uses changes in average sales price within the RM9 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 | 23.440 % | £67,506 | £355,506 |
| 3 Month Average | 12.942 % | £37,272 | £325,272 |
| 6 Month Average | 6.420 % | £18,490 | £306,490 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £352,922 | £347,500 | 583 HEATHWAY |
| 24 Oct 2023 | £373,483 | £365,000 | 22 BAINBRIDGE ROAD |
| 9 Nov 2022 | £356,334 | £358,000 | 567 HEATHWAY |
| 14 Apr 2022 | £337,162 | £325,000 | 96 CONNOR ROAD |
| 28 Jan 2022 | £355,166 | £335,000 | 42 NORTHFIELD ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 May 2020. Using an estimated price of £349,446 means this house is valued at £5,728 per sq meter (£532 per sq foot).
The average size of a house on BAINBRIDGE ROAD is 79 sq meters (854 sq feet).