£285,821
This estimated value is based upon the latest sale price for the house of £166,000 on 1 Mar 2012. 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 |
|---|---|
| £166,000 | 1 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 845 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 March 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £166,000 results in an estimated price of approximately £285,821.
| 1 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £166,000 | £119,821 | £285,821 |
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 | 55.565 % | £92,238 | £258,238 |
| 3 Month Average | 97.881 % | £162,483 | £328,483 |
| 6 Month Average | 98.571 % | £163,628 | £329,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £461,720 | £450,000 | 22 HOOD ROAD |
| 31 Oct 2023 | £382,692 | £374,000 | 33 NELSON ROAD |
| 13 Oct 2023 | £347,902 | £340,000 | 20A HOOD ROAD |
| 26 Jun 2023 | £510,225 | £500,000 | 13 TRAFALGAR ROAD |
| 13 Apr 2023 | £560,483 | £550,000 | 89 HUBERT ROAD |
This house has a floor area of 78 sq meters or 845 sq feet when measured on 5 Feb 2011. Using an estimated price of £285,821 means this house is valued at £3,637 per sq meter (£337 per sq foot).
The average size of a house on NELSON ROAD is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Under investigation | On or near Nelson Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hood Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hood Road |
| Aug 2024 | Public order | Under investigation | On or near Hood Road |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hood Road |