£522,301
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
Price Paid | Date |
---|---|
£400,000 | 27 Mar 2017 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 March 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £400,000 results in an estimated price of approximately £522,301.
27 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £400,000 | £122,301 | £522,301 |
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 | 33.352 % | £133,406 | £533,406 |
3 Month Average | 15.839 % | £63,357 | £463,357 |
6 Month Average | 25.653 % | £102,613 | £502,613 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jul 2024 | £555,000 | £555,000 | 35 GLEBE ROAD |
19 Jul 2024 | £422,000 | £422,000 | 45 GLEBE ROAD |
25 Mar 2024 | £492,568 | £485,000 | 32 GLEBE ROAD |
22 Sep 2023 | £664,652 | £650,000 | 59 PARSONAGE ROAD |
1 Oct 2022 | £338,868 | £340,000 | 6 SURRIDGE CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 5 Dec 2016. Using an estimated price of £522,302 means this house is valued at £4,541 per sq meter (£421 per sq foot).
The average size of a house on SURRIDGE CLOSE is 108 sq meters (1,166 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Mayfield Grove |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Surridge Close |
Jul 2024 | Anti-social behaviour | On or near Surridge Close | |
Jul 2024 | Anti-social behaviour | On or near Surridge Close | |
Jul 2024 | Anti-social behaviour | On or near Surridge Close |