£168,486
This estimated value is based upon the latest sale price for the house of £43,500 on 4 Feb 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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CEME Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU
Phone: 01708573593
| Price Paid | Date |
|---|---|
| £43,500 | 4 Feb 2000 |
| £28,000 | 30 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 February 2000 the House Price Index for GREATER LONDON was 37.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 287.324%.Applying this 287.324% change to the original purchase price of £43,500 results in an estimated price of approximately £168,486.
| 4 Feb 2000 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 146.7 | 287.324 % | £43,500 | £124,986 | £168,486 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | 141.886 % | £61,720 | £105,220 |
| 3 Month Average | 349.834 % | £152,177 | £195,677 |
| 6 Month Average | 403.664 % | £175,593 | £219,093 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 6 Oct 2008.
The average size of a house on WELLINGTON DRIVE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shoesmith Grove |
| Jan 2024 | Drugs | Under investigation | On or near Bryant Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellington Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Durban Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chantress Close |