£315,106
This estimated value is based upon the latest sale price for the house of £165,000 on 29 Sep 2004. 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 |
|---|---|
| £165,000 | 29 Sep 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 90.974%.Applying this 90.974% change to the original purchase price of £165,000 results in an estimated price of approximately £315,106.
| 29 Sep 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 148.6 | 90.974 % | £165,000 | £150,106 | £315,106 |
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 | 27.880 % | £46,002 | £211,002 |
| 3 Month Average | 95.406 % | £157,419 | £322,419 |
| 6 Month Average | 103.589 % | £170,921 | £335,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £485,886 | £480,000 | 7 ARTERIAL AVENUE |
| 23 Feb 2023 | £439,704 | £440,000 | 33 WOODSIDE CLOSE |
| 29 Jul 2022 | £258,696 | £258,000 | 24 WOODSIDE CLOSE |
| 31 Jan 2022 | £815,616 | £775,000 | PONDEROSA NEW ROAD |
| 31 Jan 2022 | £305,198 | £290,000 | 43 WOODSIDE CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Mar 2020. Using an estimated price of £315,107 means this house is valued at £5,835 per sq meter (£542 per sq foot).
The average size of a house on NEW ROAD is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westlyn Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westlyn Close |