£263,730
This estimated value is based upon the latest sale price for the house of £160,000 on 11 Oct 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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CEME Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU
Phone: 01708573593
| Price Paid | Date |
|---|---|
| £160,000 | 11 Oct 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £160,000 results in an estimated price of approximately £263,730.
| 11 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £160,000 | £103,730 | £263,730 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 111.157 % | £177,851 | £337,851 |
| 3 Month Average | 87.571 % | £140,113 | £300,113 |
| 6 Month Average | 91.061 % | £145,697 | £305,697 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £237,059 | £235,000 | 23 BEAMWAY |
| 10 Oct 2023 | £335,623 | £328,000 | 40 CANBERRA CRESCENT |
| 15 Jun 2023 | £397,975 | £390,000 | 83 BEAMWAY |
| 26 Jan 2023 | £426,139 | £425,000 | 812 RAINHAM ROAD SOUTH |
| 16 Jan 2023 | £250,670 | £250,000 | 860 RAINHAM ROAD SOUTH |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 19 Jul 2013. Using an estimated price of £263,731 means this house is valued at £3,216 per sq meter (£298 per sq foot).
The average size of a house on CANBERRA CRESCENT is 95 sq meters (1,028 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Trinidad Gardens |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Canberra Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canberra Crescent |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canberra Crescent |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Canberra Crescent |