£468,433
This estimated value is based upon the latest sale price for the house of £376,000 on 24 Apr 2019. 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 |
---|---|
£376,000 | 24 Apr 2019 |
£240,000 | 6 Jan 2006 |
Semi-Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £376,000 results in an estimated price of approximately £468,433.
24 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.583 % | £376,000 | £92,433 | £468,433 |
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 | 28.663 % | £107,774 | £483,774 |
3 Month Average | 43.043 % | £161,842 | £537,842 |
6 Month Average | 12.266 % | £46,119 | £422,119 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £290,600 | £284,000 | 38 MAYTREE CLOSE |
5 Jan 2023 | £596,594 | £595,000 | 82 BETTERTON ROAD |
28 Apr 2022 | £568,507 | £548,000 | 138 BETTERTON ROAD |
1 Apr 2022 | £518,711 | £500,000 | 15 MAYTREE CLOSE |
21 Jan 2022 | £474,439 | £447,500 | 95 BETTERTON ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 26 Aug 2016. Using an estimated price of £468,433 means this house is valued at £4,073 per sq meter (£378 per sq foot).
The average size of a house on STANLEY ROAD NORTH is 108 sq meters (1,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Maytree Close |
Apr 2024 | Public order | Under investigation | On or near Sexton Close |