£360,219
This estimated value is based upon the latest sale price for the house of £250,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Parking Area
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82 Rainham Road, Rainham, RM13 7RJ
Phone: 01708629054
Price Paid | Date |
---|---|
£250,000 | 15 May 2015 |
£107,000 | 5 May 2000 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2015 the House Price Index for GREATER LONDON was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £250,000 results in an estimated price of approximately £360,219.
15 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 146.7 | 44.088 % | £250,000 | £110,219 | £360,219 |
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 | 81.137 % | £202,843 | £452,843 |
3 Month Average | 39.712 % | £99,279 | £349,279 |
6 Month Average | 45.052 % | £112,630 | £362,630 |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 20 Oct 2014.
The average size of a house on CHERRY TREE LANE is 85 sq meters (916 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area |