£426,085
This estimated value is based upon the latest sale price for the house of £129,995 on 20 Sep 2001. 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 |
|---|---|
| £129,995 | 20 Sep 2001 |
| Terraced |
| Freehold |
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 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £129,995 results in an estimated price of approximately £426,085.
| 20 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 148.6 | 227.771 % | £129,995 | £296,090 | £426,085 |
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 | 114.800 % | £149,234 | £279,229 |
| 3 Month Average | 223.886 % | £291,040 | £421,035 |
| 6 Month Average | 221.897 % | £288,455 | £418,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £353,089 | £350,000 | 10 RODING WAY |
| 28 Jun 2023 | £342,144 | £338,000 | 12 MYGROVE GARDENS |
| 14 Jun 2023 | £531,437 | £525,000 | 3 THORN LANE |
| 6 Apr 2023 | £389,190 | £385,000 | 24 RODING WAY |
| 30 Nov 2022 | £503,896 | £510,000 | 22 KING EDWARD AVENUE |