£439,953
This estimated value is based upon the latest sale price for the house of £380,000 on 16 Jul 2021. 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 |
---|---|
£380,000 | 16 Jul 2021 |
£250,000 | 27 Feb 2015 |
£209,000 | 17 Aug 2007 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 July 2021 the House Price Index for GREATER LONDON was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £380,000 results in an estimated price of approximately £439,953.
16 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £380,000 | £59,953 | £439,953 |
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 | -46.336 % | £-176,076 | £203,923 |
3 Month Average | -1.797 % | £-6,830 | £373,169 |
6 Month Average | 7.426 % | £28,219 | £408,219 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £461,720 | £450,000 | 22 HOOD ROAD |
31 Oct 2023 | £382,692 | £374,000 | 33 NELSON ROAD |
13 Oct 2023 | £347,902 | £340,000 | 20A HOOD ROAD |
7 Sep 2023 | £421,287 | £412,000 | 52 STANLEY ROAD SOUTH |
26 Jun 2023 | £510,225 | £500,000 | 13 TRAFALGAR ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 21 Nov 2014. Using an estimated price of £439,954 means this house is valued at £5,056 per sq meter (£469 per sq foot).
The average size of a house on NELSON ROAD is 83 sq meters (901 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near Hood Road |
Aug 2024 | Public order | Under investigation | On or near Hood Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Road |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hood Road |
Sep 2024 | Drugs | Under investigation | On or near Nelson Road |