£2,144,808
This estimated value is based upon the latest sale price for the house of £350,000 on 11 Jul 2024. 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 |
|---|---|
| £350,000 | 11 Jul 2024 |
| £297,500 | 15 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2024 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £350,000 results in an estimated price of approximately £2,144,808.
| 11 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £350,000 | £1,794,808 | £2,144,808 |
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 | -10.294 % | £-36,028 | £313,971 |
| 3 Month Average | -15.591 % | £-54,567 | £295,432 |
| 6 Month Average | 3.290 % | £11,513 | £361,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £392,500 | £392,500 | 32 CHERRY TREE CLOSE |
| 31 Mar 2023 | £500,864 | £492,500 | 20 KNIGHTSWOOD ROAD |
| 11 Oct 2022 | £319,931 | £321,000 | 6 CHERRY WALK |
| 3 Aug 2022 | £381,785 | £380,000 | 24 KNIGHTSWOOD ROAD |
| 23 May 2022 | £385,031 | £375,000 | 89 RAINHAM ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 4 Aug 2015.
The average size of a house on CHERRY TREE CLOSE is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Local resolution | On or near Cherry Walk |
| Oct 2024 | Other theft | Under investigation | On or near Cherry Walk |
| Oct 2024 | Anti-social behaviour | On or near Cherry Walk | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Walk |
| Oct 2024 | Drugs | Under investigation | On or near Cherry Walk |