£281,588
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Jan 2014. 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 Ferro Road
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
| Price Paid | Date |
|---|---|
| £175,000 | 17 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £175,000 results in an estimated price of approximately £281,588.
| 17 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £175,000 | £106,588 | £281,588 |
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 | 92.508 % | £161,888 | £336,888 |
| 3 Month Average | 71.247 % | £124,681 | £299,681 |
| 6 Month Average | 83.811 % | £146,669 | £321,669 |
| 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 |
| 3 Nov 2023 | £169,297 | £165,000 | FLAT 11 EMERALD HOUSE FERRO ROAD |
| 1 Aug 2023 | £152,755 | £150,000 | FLAT 12 EMERALD HOUSE FERRO ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 12 Dec 2012. Using an estimated price of £281,588 means this house is valued at £3,910 per sq meter (£363 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 | Anti-social behaviour | On or near Ferro Road | |
| Oct 2024 | Burglary | Under investigation | 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 | |
| Aug 2024 | Anti-social behaviour | On or near Ferro Road |