£354,164
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Mar 2014. 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 |
|---|---|
| £225,000 | 12 Mar 2014 |
| £193,500 | 29 Nov 2013 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £225,000 results in an estimated price of approximately £354,164.
| 12 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £225,000 | £129,164 | £354,164 |
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 | 1.322 % | £2,973 | £227,973 |
| 3 Month Average | 56.048 % | £126,108 | £351,108 |
| 6 Month Average | 68.081 % | £153,182 | £378,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £470,000 | £470,000 | 26 ANSTEAD DRIVE |
| 13 Nov 2023 | £456,762 | £450,000 | 75 RAINHAM ROAD |
| 3 Nov 2023 | £482,138 | £475,000 | 35 RAINHAM ROAD |
| 28 Oct 2022 | £509,514 | £515,000 | 16 ANSTEAD DRIVE |
| 27 May 2022 | £435,200 | £427,000 | 7 VICTORY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Oct 2012. Using an estimated price of £354,164 means this house is valued at £5,132 per sq meter (£476 per sq foot).
The average size of a house on RAINHAM ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Victory Road |