£396,291
This estimated value is based upon the latest sale price for the house of £300,000 on 20 Dec 2016. 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 |
|---|---|
| £300,000 | 20 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £300,000 results in an estimated price of approximately £396,291.
| 20 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £300,000 | £96,291 | £396,291 |
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 | 37.664 % | £112,992 | £412,992 |
| 3 Month Average | 20.192 % | £60,575 | £360,575 |
| 6 Month Average | 29.614 % | £88,842 | £388,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £400,000 | £400,000 | 59 RAINHAM ROAD |
| 10 May 2024 | £392,500 | £392,500 | 32 CHERRY TREE CLOSE |
| 22 Mar 2024 | £477,334 | £470,000 | 26 ANSTEAD DRIVE |
| 13 Nov 2023 | £461,720 | £450,000 | 75 RAINHAM ROAD |
| 3 Nov 2023 | £487,371 | £475,000 | 35 RAINHAM ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Jan 2019. Using an estimated price of £396,292 means this house is valued at £4,403 per sq meter (£409 per sq foot).
The average size of a house on STANHOPE ROAD is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Stanhope Road |
| Aug 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Aug 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Aug 2024 | Anti-social behaviour | On or near Stanhope Road | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Close |