£400,398
This estimated value is based upon the latest sale price for the house of £168,500 on 19 Jun 2003. 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 |
---|---|
£168,500 | 19 Jun 2003 |
£63,700 | 1 Mar 1995 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 2003 the House Price Index for GREATER LONDON was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £168,500 results in an estimated price of approximately £400,398.
19 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 149.7 | 137.625 % | £168,500 | £231,898 | £400,398 |
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 | 201.409 % | £339,374 | £507,874 |
3 Month Average | 151.417 % | £255,137 | £423,637 |
6 Month Average | 155.857 % | £262,618 | £431,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £423,679 | £420,000 | 51 MUNGO PARK ROAD |
27 Mar 2024 | £428,585 | £422,000 | 51 JERSEY ROAD |
3 Nov 2023 | £441,199 | £430,000 | 44 JERSEY ROAD |
31 Oct 2023 | £399,064 | £390,000 | 15 JERSEY ROAD |
27 Oct 2023 | £434,877 | £425,000 | 45 JERSEY ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Mar 2016. Using an estimated price of £400,399 means this house is valued at £5,802 per sq meter (£539 per sq foot).
The average size of a house on JERSEY ROAD is 90 sq meters (972 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Conway Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conway Close |
Aug 2024 | Anti-social behaviour | On or near Princes Park | |
Aug 2024 | Anti-social behaviour | On or near Princes Park | |
Aug 2024 | Anti-social behaviour | On or near Princes Park |