£351,742
This estimated value is based upon the latest sale price for the house of £260,000 on 12 May 2016. 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 |
---|---|
£260,000 | 12 May 2016 |
Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £260,000 results in an estimated price of approximately £351,742.
12 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £260,000 | £91,742 | £351,742 |
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 | 23.657 % | £61,507 | £321,507 |
3 Month Average | 10.323 % | £26,840 | £286,840 |
6 Month Average | 26.810 % | £69,705 | £329,705 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £428,589 | £420,000 | 18 VENETTE CLOSE |
17 Apr 2023 | £310,813 | £305,000 | 81 MELVILLE ROAD |
24 Mar 2023 | £355,944 | £350,000 | 49 MELVILLE ROAD |
11 Nov 2022 | £218,976 | £220,000 | 135A WENNINGTON ROAD |
28 Oct 2022 | £308,968 | £310,000 | 40 MELVILLE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Dec 2015. Using an estimated price of £351,743 means this house is valued at £4,509 per sq meter (£418 per sq foot).
The average size of a house on MELVILLE ROAD is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near B1335 | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1335 |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1335 |
Sep 2024 | Violence and sexual offences | Under investigation | On or near B1335 |
Sep 2024 | Anti-social behaviour | On or near B1335 |