£388,755
This estimated value is based upon the latest sale price for the house of £325,000 on 11 Sep 2020. 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 |
---|---|
£325,000 | 11 Sep 2020 |
£200,000 | 28 Feb 2007 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 September 2020 the House Price Index for GREATER LONDON was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £325,000 results in an estimated price of approximately £388,755.
11 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £325,000 | £63,755 | £388,755 |
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 | 56.593 % | £183,926 | £508,926 |
3 Month Average | 7.121 % | £23,142 | £348,142 |
6 Month Average | 0.835 % | £2,713 | £327,713 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £292,540 | £290,000 | 8 STANLEY ROAD SOUTH |
27 Nov 2023 | £477,111 | £465,000 | 33 HUBERT ROAD |
12 Oct 2023 | £306,972 | £300,000 | 6 STANLEY ROAD SOUTH |
15 Sep 2023 | £373,739 | £365,500 | 65 CHERRY TREE LANE |
20 Apr 2023 | £433,101 | £425,000 | 34 HUBERT ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Feb 2020. Using an estimated price of £388,756 means this house is valued at £5,048 per sq meter (£469 per sq foot).
The average size of a house on HUBERT ROAD is 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Edwin Close |
Apr 2024 | Anti-social behaviour | On or near Stanley Road South | |
Apr 2024 | Anti-social behaviour | On or near Stanley Road South | |
Apr 2024 | Anti-social behaviour | On or near Stanley Road South | |
Apr 2024 | Anti-social behaviour | On or near Stanley Road South |