Values have been changing and have risen £2,100 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,155 in last 6 months, £20,601 in last 1 year, £42,018 in last 2 years, £41,157 in last 3 years, £44,145 in last 4 years and £41,677 in last 5 years.
Currently average asking price of a property in Bennetts Castle Lane, Becontree, Dagenham, RM8 is around £247,760 based on approximately 5 properties for sale. Same is the case with rental options based on 104 properties up for rent, average asking rent is around £1,180 per month.
Estimated property value in Bennetts Castle Lane, Becontree, Dagenham, RM8 is £237,962. Average asking price is £247,760 while average price paid is £204,600 which is up by £20,601 and Avg. asking rent £1,180.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bennetts Castle Lane, Becontree, Dagenham, RM8 area. In last 1 year alone average price buyer paid is around £204,600 based on approximately 5 sales in Bennetts Castle Lane, Becontree, Dagenham, RM8 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £196,923. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £178,518 for 27 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £177,111 per sale.