£327,232
This estimated value is based upon the latest sale price for the house of £260,000 on 31 Jul 2017. 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 |
---|---|
£260,000 | 31 Jul 2017 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £260,000 results in an estimated price of approximately £327,232.
31 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 146.7 | 25.859 % | £260,000 | £67,232 | £327,232 |
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 | 21.001 % | £54,602 | £314,602 |
3 Month Average | 11.590 % | £30,133 | £290,133 |
6 Month Average | 16.625 % | £43,223 | £303,223 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 24 Feb 2017.
The average size of a house on HAYES DRIVE is 100 sq meters (1,082 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avelon Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Avelon Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Avelon Road |
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Mermagen Drive |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Esmond Close |