£403,331
This estimated value is based upon the latest sale price for the house of £86,000 on 7 Sep 1998. 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 |
|---|---|
| £86,000 | 7 Sep 1998 |
| Semi-Detached |
| Freehold |
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 1998 the House Price Index for GREATER LONDON was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £86,000 results in an estimated price of approximately £403,331.
| 7 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £86,000 | £317,331 | £403,331 |
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 | 374.495 % | £322,065 | £408,065 |
| 3 Month Average | 326.262 % | £280,584 | £366,584 |
| 6 Month Average | 363.114 % | £312,278 | £398,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £386,980 | £380,000 | 65 PHILIP ROAD |
| 13 Mar 2023 | £401,709 | £395,000 | 18 PHILIP ROAD |
| 30 Jan 2023 | £601,607 | £600,000 | 12 EDMUND ROAD |
| 25 Nov 2022 | £462,836 | £465,000 | 10 PHILIP ROAD |
| 11 Apr 2022 | £426,380 | £411,000 | 24 EDMUND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Edmund Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edmund Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edmund Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Philip Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Philip Road |