£460,974
This estimated value is based upon the latest sale price for the house of £91,500 on 12 Aug 1997. 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 |
|---|---|
| £91,500 | 12 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 August 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £91,500 results in an estimated price of approximately £460,974.
| 12 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £91,500 | £369,474 | £460,974 |
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 | 232.420 % | £212,664 | £304,164 |
| 3 Month Average | 390.369 % | £357,187 | £448,687 |
| 6 Month Average | 414.643 % | £379,398 | £470,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £396,945 | £390,000 | 30 MACLENNAN AVENUE |
| 24 Aug 2023 | £524,589 | £520,000 | 382 UPMINSTER ROAD NORTH |
| 23 Aug 2023 | £429,760 | £426,000 | 3 MACLENNAN AVENUE |
| 23 Jun 2023 | £480,824 | £475,000 | 402 UPMINSTER ROAD NORTH |
| 10 Mar 2023 | £393,709 | £390,000 | 18 ELDER WAY |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 17 Nov 2015. Using an estimated price of £460,974 means this house is valued at £3,114 per sq meter (£289 per sq foot).
The average size of a house on ORESTON ROAD is 168 sq meters (1,808 sq feet).
This house is the largest in the street with a floor area of 148 sq meters (1,593 sq feet).