£374,245
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Green Lane, Dagenham, RM8 1DH
Phone: 02035899551
| Price Paid | Date |
|---|---|
| £260,000 | 14 Jul 2015 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £260,000 results in an estimated price of approximately £374,245.
| 14 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £260,000 | £114,245 | £374,245 |
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 | -18.682 % | £-48,573 | £211,426 |
| 3 Month Average | 40.909 % | £106,363 | £366,363 |
| 6 Month Average | 53.699 % | £139,618 | £399,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £427,479 | £420,000 | 524 BECONTREE AVENUE |
| 30 Jan 2023 | £339,401 | £341,000 | 35 BENTRY ROAD |
| 26 Aug 2022 | £369,007 | £370,000 | 156 GRAFTON ROAD |
| 18 Feb 2022 | £348,691 | £332,500 | 207 GRAFTON ROAD |
| 21 Jan 2022 | £405,703 | £385,500 | 687 BECONTREE AVENUE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 30 Jan 2015. Using an estimated price of £374,246 means this house is valued at £3,402 per sq meter (£316 per sq foot).
The average size of a house on BECONTREE AVENUE is 79 sq meters (857 sq feet).