£212,140
This estimated value is based upon the latest sale price for the house of £172,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
| Price Paid | Date |
|---|---|
| £172,000 | 19 Jul 2019 |
| £87,000 | 17 Feb 2003 |
| £68,500 | 28 Mar 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £172,000 results in an estimated price of approximately £212,140.
| 19 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £172,000 | £40,140 | £212,140 |
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 | -17.507 % | £-30,111 | £141,888 |
| 3 Month Average | 0.624 % | £1,072 | £173,072 |
| 6 Month Average | 14.737 % | £25,347 | £197,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £366,411 | £360,000 | 12 ASHWOOD AVENUE |
| 17 Nov 2023 | £172,555 | £170,000 | 8 STERRY HOUSE STIRLING CLOSE |
| 22 Sep 2023 | £202,590 | £200,000 | 3 LESTON CLOSE |
| 10 Aug 2022 | £26,658 | £26,730 | 19 ASHWOOD AVENUE |
| 29 Jun 2022 | £204,896 | £202,000 | 47 LESTON CLOSE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 11 Feb 2019. Using an estimated price of £212,140 means this house is valued at £5,050 per sq meter (£469 per sq foot).
The average size of a house on ASHWOOD AVENUE is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near Glenwood Avenue |