£372,506
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Dec 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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82 Rainham Road, Rainham, RM13 7RJ
Phone: 01708629054
| Price Paid | Date |
|---|---|
| £240,000 | 24 Dec 2007 |
| £184,950 | 5 May 2005 |
| £59,995 | 1 Aug 1997 |
| £50,000 | 15 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 842 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 December 2007 the House Price Index for GREATER LONDON was 95.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.211%.Applying this 55.211% change to the original purchase price of £240,000 results in an estimated price of approximately £372,506.
| 24 Dec 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 148.6 | 55.211 % | £240,000 | £132,506 | £372,506 |
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 | 12.704 % | £30,488 | £270,488 |
| 3 Month Average | 69.219 % | £166,126 | £406,126 |
| 6 Month Average | 71.430 % | £171,432 | £411,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2022 | £317,581 | £321,000 | 6 CHERRY WALK |
| 7 Jul 2022 | £250,675 | £250,000 | 205A CHERRY TREE LANE |
| 27 May 2022 | £315,953 | £310,000 | 258 CHERRY TREE LANE |
| 23 May 2022 | £382,202 | £375,000 | 89 RAINHAM ROAD |
| 29 Apr 2022 | £514,900 | £500,000 | 15 CHERRY WALK |
This house has a floor area of 78 sq meters or 842 sq feet when measured on 7 Feb 2012. Using an estimated price of £372,507 means this house is valued at £4,759 per sq meter (£442 per sq foot).
The average size of a house on CHERRY WALK is 151 sq meters (1,632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Robbery | Under investigation | On or near Cherry Walk |
| Apr 2024 | Shoplifting | Under investigation | On or near Cherry Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Walk |
| Apr 2024 | Shoplifting | Under investigation | On or near Cherry Walk |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cherry Walk |