£222,123
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Feb 2023. This value is then adjusted by the current Official House Price Index for KENT 1
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| Price Paid | Date |
|---|---|
| £225,000 | 20 Feb 2023 |
| £31,000 | 29 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in February 2023 the House Price Index for KENT was 148.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.279%.Applying this -1.279% change to the original purchase price of £225,000 results in an estimated price of approximately £222,123.
| 20 Feb 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.6 | 146.7 | -1.279 % | £225,000 | £-2,876 | £222,123 |
The Postcode Pricing Model uses changes in average sales price within the ME5 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 | -25.755 % | £-57,949 | £167,050 |
| 3 Month Average | -24.437 % | £-54,983 | £170,016 |
| 6 Month Average | -3.645 % | £-8,201 | £216,798 |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Jul 2013.
The average size of a house on RAINHAM ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Rainham Road |
| Mar 2024 | Anti-social behaviour | On or near Rainham Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainham Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Jezreels Road |
| Feb 2024 | Theft from the person | Unable to prosecute suspect | On or near Jezreels Road |