£335,693
This estimated value is based upon the latest sale price for the house of £214,950 on 27 Jun 2014. 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 |
---|---|
£214,950 | 27 Jun 2014 |
Terraced |
Freehold |
Floor Area: 57 sq meters or 613 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 2014 the House Price Index for GREATER LONDON was 64.8.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 56.173%.Applying this 56.173% change to the original purchase price of £214,950 results in an estimated price of approximately £335,693.
27 Jun 2014 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.8 | 101.2 | 56.173 % | £214,950 | £120,743 | £335,693 |
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 | 114.853 % | £246,877 | £461,827 |
3 Month Average | 94.653 % | £203,456 | £418,406 |
6 Month Average | 79.622 % | £171,148 | £386,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £386,850 | £375,000 | 164 OVAL ROAD SOUTH |
29 Sep 2023 | £12,379 | £12,000 | 121 THIRD AVENUE |
12 Jul 2022 | £357,778 | £350,000 | 187 THIRD AVENUE |
8 Sep 2021 | £372,381 | £340,000 | 147 THIRD AVENUE |
16 Jun 2021 | £338,060 | £310,000 | 214 THIRD AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 24 Sep 2014. Using an estimated price of £335,693 means this house is valued at £5,889 per sq meter (£547 per sq foot).
The average size of a house on THIRD AVENUE is 68 sq meters (740 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near East Entrance |
Jan 2025 | Anti-social behaviour | On or near East Entrance | |
Jan 2025 | Anti-social behaviour | On or near East Entrance | |
Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near East Entrance |
Dec 2024 | Violence and sexual offences | Under investigation | On or near East Entrance |