£388,163
This estimated value is based upon the latest sale price for the house of £315,000 on 23 Nov 2018. 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 |
|---|---|
| £315,000 | 23 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £315,000 results in an estimated price of approximately £388,163.
| 23 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £315,000 | £73,163 | £388,163 |
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 | -34.540 % | £-108,801 | £206,198 |
| 3 Month Average | -0.464 % | £-1,462 | £313,537 |
| 6 Month Average | 2.394 % | £7,539 | £322,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £364,414 | £360,000 | 6 LIVINGSTONE TERRACE |
| 27 Jan 2023 | £403,101 | £405,000 | 47 HOOD ROAD |
| 23 Feb 2022 | £424,721 | £405,000 | 6 SEXTON CLOSE |
| 24 Sep 2021 | £441,813 | £410,000 | 9 HOOD ROAD |
| 23 Aug 2021 | £418,356 | £375,000 | 3 HOOD ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 30 Jul 2013. Using an estimated price of £388,164 means this house is valued at £3,435 per sq meter (£319 per sq foot).
The average size of a house on SEXTON CLOSE is 147 sq meters (1,589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sexton Close |
| Jan 2024 | Public order | Under investigation | On or near Sexton Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Stanley Road North |