£180,258
This estimated value is based upon the latest sale price for the house of £85,600 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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CEME Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU
Phone: 01708573593
| Price Paid | Date |
|---|---|
| £85,600 | 19 Mar 2004 |
| £61,000 | 25 Oct 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 488 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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £85,600 results in an estimated price of approximately £180,258.
| 19 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £85,600 | £94,658 | £180,258 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 132.995 % | £113,843 | £199,443 |
| 3 Month Average | 114.507 % | £98,017 | £183,617 |
| 6 Month Average | 124.915 % | £106,927 | £192,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £448,790 | £435,000 | 25 WELLINGTON DRIVE |
| 15 Sep 2023 | £229,049 | £224,000 | 103 BIRDBROOK CLOSE |
| 7 Mar 2022 | £377,904 | £362,000 | 22 WELLINGTON DRIVE |
| 20 Jan 2022 | £201,438 | £190,000 | 45 CHANTRESS CLOSE |
| 9 Jul 2021 | £266,288 | £230,000 | 38 CHANTRESS CLOSE |
This house has a floor area of 45 sq meters or 488 sq feet when measured on 15 Jul 2009. Using an estimated price of £180,258 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on WELLINGTON DRIVE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryant Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bryant Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shoesmith Grove |
| Sep 2024 | Anti-social behaviour | On or near Pascal Drive | |
| Sep 2024 | Anti-social behaviour | On or near Pascal Drive |