£510,224
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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82 Rainham Road, Rainham, RM13 7RJ
Phone: 01708629054
| Price Paid | Date |
|---|---|
| £500,000 | 26 Jun 2023 |
| £219,995 | 8 Nov 2013 |
| £187,500 | 15 Oct 2010 |
| £58,000 | 30 Nov 1995 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £500,000 results in an estimated price of approximately £510,224.
| 26 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £500,000 | £10,224 | £510,224 |
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 | -7.534 % | £-37,671 | £462,328 |
| 3 Month Average | 5.574 % | £27,870 | £527,870 |
| 6 Month Average | -0.880 % | £-4,398 | £495,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £415,000 | £415,000 | 43 BLAKE CLOSE |
| 13 Mar 2024 | £401,163 | £395,000 | 18 BLAKE CLOSE |
| 21 Aug 2023 | £394,108 | £387,000 | 12 WHYBRIDGE CLOSE |
| 15 Aug 2023 | £381,888 | £375,000 | 29 BLAKE CLOSE |
| 26 Jun 2023 | £510,225 | £500,000 | 13 TRAFALGAR ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 31 Jan 2015. Using an estimated price of £510,225 means this house is valued at £5,798 per sq meter (£538 per sq foot).
The average size of a house on TRAFALGAR ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trafalgar Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Trafalgar Road |
| Jul 2024 | Public order | Under investigation | On or near Trafalgar Road |
| Jul 2024 | Other crime | Under investigation | On or near Trafalgar Road |
| Sep 2024 | Drugs | Under investigation | On or near Nelson Road |