£387,223
This estimated value is based upon the latest sale price for the house of £309,000 on 29 Jun 2018. 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 |
|---|---|
| £309,000 | 29 Jun 2018 |
| £243,000 | 18 Oct 2017 |
| £250,000 | 26 Mar 2008 |
| £230,000 | 22 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 June 2018 the House Price Index for GREATER LONDON was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £309,000 results in an estimated price of approximately £387,223.
| 29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £309,000 | £78,223 | £387,223 |
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 | 20.533 % | £63,448 | £372,448 |
| 3 Month Average | -0.693 % | £-2,140 | £306,859 |
| 6 Month Average | 11.826 % | £36,543 | £345,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £392,500 | £392,500 | 32 CHERRY TREE CLOSE |
| 22 Mar 2024 | £477,334 | £470,000 | 26 ANSTEAD DRIVE |
| 31 Mar 2023 | £500,864 | £492,500 | 20 KNIGHTSWOOD ROAD |
| 28 Oct 2022 | £513,286 | £515,000 | 16 ANSTEAD DRIVE |
| 11 Oct 2022 | £319,931 | £321,000 | 6 CHERRY WALK |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 25 Jan 2017. Using an estimated price of £387,223 means this house is valued at £5,694 per sq meter (£529 per sq foot).
The average size of a house on CHERRY TREE CLOSE is 73 sq meters (794 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cherry Tree Close |
| Oct 2024 | Other theft | Under investigation | On or near Cherry Walk |
| Oct 2024 | Drugs | Local resolution | On or near Cherry Walk |
| Oct 2024 | Shoplifting | Under investigation | On or near Cherry Walk |
| Oct 2024 | Anti-social behaviour | On or near Cherry Walk |