£389,015
This estimated value is based upon the latest sale price for the house of £290,000 on 5 Jul 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 |
|---|---|
| £290,000 | 5 Jul 2016 |
| £176,000 | 27 Jun 2013 |
| £65,500 | 4 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £290,000 results in an estimated price of approximately £389,015.
| 5 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £290,000 | £99,015 | £389,015 |
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 | 37.647 % | £109,176 | £399,176 |
| 3 Month Average | 17.912 % | £51,945 | £341,945 |
| 6 Month Average | 23.394 % | £67,843 | £357,843 |
| 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 58 sq meters or 624 sq feet when measured on 25 Jun 2020. Using an estimated price of £389,016 means this house is valued at £6,707 per sq meter (£623 per sq foot).
The average size of a house on RAINHAM ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Shoplifting | Under investigation | On or near Knightswood Road |
| Sep 2024 | Anti-social behaviour | On or near Knightswood Road | |
| Sep 2024 | Anti-social behaviour | On or near Knightswood Road | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Knightswood Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Knightswood Road |