£590,903
This estimated value is based upon the latest sale price for the house of £475,000 on 14 Sep 2018. 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 |
|---|---|
| £475,000 | 14 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 September 2018 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £475,000 results in an estimated price of approximately £590,903.
| 14 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £475,000 | £115,903 | £590,903 |
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 | 1.078 % | £5,118 | £480,118 |
| 3 Month Average | -1.344 % | £-6,381 | £468,618 |
| 6 Month Average | 8.552 % | £40,622 | £515,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £309,759 | £305,000 | 58A WENNINGTON ROAD |
| 13 Mar 2024 | £311,790 | £307,000 | 58 WENNINGTON ROAD |
| 24 Nov 2023 | £256,511 | £250,000 | FLAT 3 CHRISTINE COURT, 44 WENNINGTON ROAD |
| 15 Sep 2023 | £388,566 | £380,000 | 16 ELLIS AVENUE |
| 15 Jun 2023 | £423,487 | £415,000 | 7 ELLIS AVENUE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 15 Jun 2018. Using an estimated price of £590,903 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on WENNINGTON ROAD is 88 sq meters (953 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ellis Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Ferro Road |
| Oct 2024 | Anti-social behaviour | On or near Ferro Road | |
| Aug 2024 | Anti-social behaviour | On or near Ferro Road | |
| Aug 2024 | Anti-social behaviour | On or near Ferro Road |