£288,292
This estimated value is based upon the latest sale price for the house of £219,000 on 27 Jan 2017. 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 |
---|---|
£219,000 | 27 Jan 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £219,000 results in an estimated price of approximately £288,292.
27 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 149.7 | 31.640 % | £219,000 | £69,292 | £288,292 |
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 | 22.767 % | £49,859 | £268,859 |
3 Month Average | 20.589 % | £45,089 | £264,089 |
6 Month Average | 30.286 % | £66,325 | £285,325 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £309,759 | £305,000 | 58A WENNINGTON ROAD |
4 Aug 2023 | £249,500 | £245,000 | FLAT 8 PLOVER HOUSE CAPSTAN DRIVE |
13 Jun 2023 | £438,793 | £430,000 | 48 WENNINGTON ROAD |
3 Mar 2023 | £432,218 | £425,000 | 9 ANGLESEY DRIVE |
17 Feb 2023 | £211,412 | £210,000 | FLAT 4 LAPWING HOUSE CAPSTAN DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 4 Mar 2017. Using an estimated price of £288,292 means this house is valued at £4,804 per sq meter (£446 per sq foot).
The average size of a house on CAPSTAN DRIVE is 57 sq meters (617 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Parking Area | |
Oct 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Anti-social behaviour | On or near Parking Area |