£272,765
This estimated value is based upon the latest sale price for the house of £160,000 on 19 Nov 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Melville Road
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
Price Paid | Date |
---|---|
£160,000 | 19 Nov 2012 |
£145,000 | 15 Jun 2005 |
£121,000 | 11 Aug 2003 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £160,000 results in an estimated price of approximately £272,765.
19 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 149.7 | 70.478 % | £160,000 | £112,765 | £272,765 |
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 | 126.989 % | £203,182 | £363,182 |
3 Month Average | 84.228 % | £134,764 | £294,764 |
6 Month Average | 93.152 % | £149,042 | £309,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £376,100 | £376,100 | 92 MELVILLE ROAD |
11 Apr 2024 | £342,978 | £340,000 | 31 COWPER ROAD |
28 Oct 2022 | £308,968 | £310,000 | 40 MELVILLE ROAD |
12 Aug 2022 | £347,123 | £345,500 | 30 COWPER ROAD |
28 Mar 2022 | £340,322 | £326,000 | 90 COWPER ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 Jul 2012. Using an estimated price of £272,765 means this house is valued at £4,329 per sq meter (£402 per sq foot).
The average size of a house on COWPER ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Melville Road |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Melville Road |
Aug 2024 | Anti-social behaviour | On or near Melville Road | |
Aug 2024 | Anti-social behaviour | On or near Melville Road | |
Aug 2024 | Anti-social behaviour | On or near Melville Road |