£272,697
This estimated value is based upon the latest sale price for the house of £159,000 on 22 Jan 2010. 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 |
|---|---|
| £159,000 | 22 Jan 2010 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £159,000 results in an estimated price of approximately £272,697.
| 22 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £159,000 | £113,697 | £272,697 |
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 | 33.906 % | £53,910 | £212,910 |
| 3 Month Average | 84.515 % | £134,379 | £293,379 |
| 6 Month Average | 93.913 % | £149,321 | £308,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £328,985 | £325,000 | 91 NELSON ROAD |
| 24 Mar 2023 | £211,997 | £210,000 | 145C RAINHAM ROAD |
| 22 Dec 2021 | £562,473 | £525,000 | 24 BLACKSMITHS LANE |
| 22 Nov 2021 | £404,486 | £374,000 | 100 RAINHAM ROAD |
| 25 Oct 2021 | £420,462 | £380,000 | 71 NELSON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Aug 2009. Using an estimated price of £272,698 means this house is valued at £4,395 per sq meter (£408 per sq foot).
The average size of a house on RAINHAM ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitepost Lane |
| Jan 2024 | Anti-social behaviour | On or near Whitepost Lane | |
| Jan 2024 | Anti-social behaviour | On or near Whitepost Lane | |
| Jan 2024 | Anti-social behaviour | On or near Whitepost Lane | |
| Jan 2024 | Anti-social behaviour | On or near Whitepost Lane |