£293,965
This estimated value is based upon the latest sale price for the house of £165,000 on 5 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
| Price Paid | Date |
|---|---|
| £165,000 | 5 Aug 2009 |
| £77,500 | 30 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 781 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £165,000 results in an estimated price of approximately £293,965.
| 5 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £165,000 | £128,965 | £293,965 |
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 | 155.455 % | £256,501 | £421,501 |
| 3 Month Average | 85.462 % | £141,012 | £306,012 |
| 6 Month Average | 94.687 % | £156,234 | £321,234 |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 10 Sep 2009.
The average size of a house on WANTZ LANE is 94 sq meters (1,012 sq feet).
This house is the smallest in the street with a floor area of 72 sq meters (781 sq feet).