£404,138
This estimated value is based upon the latest sale price for the house of £297,000 on 29 Mar 2016. 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 |
|---|---|
| £297,000 | 29 Mar 2016 |
| £176,000 | 3 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £297,000 results in an estimated price of approximately £404,138.
| 29 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £297,000 | £107,138 | £404,138 |
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 | 20.695 % | £61,462 | £358,462 |
| 3 Month Average | 14.907 % | £44,274 | £341,274 |
| 6 Month Average | 30.063 % | £89,287 | £386,287 |
| 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 |
| 17 Apr 2023 | £310,813 | £305,000 | 81 MELVILLE ROAD |
| 24 Mar 2023 | £355,944 | £350,000 | 49 MELVILLE ROAD |
| 28 Oct 2022 | £308,968 | £310,000 | 40 MELVILLE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Sep 2011. Using an estimated price of £404,139 means this house is valued at £5,692 per sq meter (£528 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 | Other theft | Investigation complete; no suspect identified | On or near Melville Road |
| Oct 2024 | Burglary | Under investigation | 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 |