£245,992
This estimated value is based upon the latest sale price for the house of £147,000 on 19 Jul 2013. 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 |
|---|---|
| £147,000 | 19 Jul 2013 |
| £72,000 | 9 Jun 2000 |
| £53,700 | 11 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2013 the House Price Index for GREATER LONDON was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £147,000 results in an estimated price of approximately £245,992.
| 19 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £147,000 | £98,992 | £245,992 |
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 | 110.927 % | £163,062 | £310,062 |
| 3 Month Average | 82.848 % | £121,786 | £268,786 |
| 6 Month Average | 91.994 % | £135,230 | £282,230 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £425,000 | £425,000 | 5 WEST CLOSE |
| 17 May 2024 | £376,100 | £376,100 | 92 MELVILLE ROAD |
| 28 Mar 2024 | £457,022 | £450,000 | 17 WEST CLOSE |
| 17 Apr 2023 | £310,813 | £305,000 | 81 MELVILLE ROAD |
| 24 Mar 2023 | £355,944 | £350,000 | 49 MELVILLE ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 Nov 2012. Using an estimated price of £245,993 means this house is valued at £4,032 per sq meter (£374 per sq foot).
The average size of a house on MELVILLE ROAD is 76 sq meters (820 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 |