£389,200
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Jun 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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82 Rainham Road, Rainham, RM13 7RJ
Phone: 01708629054
Price Paid | Date |
---|---|
£165,000 | 6 Jun 2003 |
£87,000 | 16 Feb 2001 |
£68,000 | 29 Jun 1998 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,030 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 June 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £165,000 results in an estimated price of approximately £389,200.
6 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £165,000 | £224,200 | £389,200 |
The Postcode Pricing Model uses changes in average sales price within the RM13 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 | 78.746 % | £129,930 | £294,930 |
3 Month Average | 146.410 % | £241,577 | £406,577 |
6 Month Average | 141.198 % | £232,977 | £397,977 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £254,452 | £250,000 | 42 CANFIELD ROAD |
22 Sep 2023 | £293,756 | £290,000 | 58 FYFIELD ROAD |
12 Sep 2023 | £402,648 | £397,500 | 14 THEYDON GARDENS |
10 Mar 2023 | £416,423 | £412,500 | 243 RAINHAM ROAD |
26 Aug 2022 | £359,034 | £360,000 | 10 DANBURY ROAD |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 25 Mar 2009. Using an estimated price of £389,201 means this house is valued at £4,066 per sq meter (£377 per sq foot).
The average size of a house on DANBURY ROAD is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Canfield Road | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Canfield Road |
Jan 2024 | Anti-social behaviour | On or near Canfield Road | |
Jan 2024 | Anti-social behaviour | On or near Canfield Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canfield Road |