£404,777
This estimated value is based upon the latest sale price for the house of £317,500 on 11 Jul 2017. 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 |
---|---|
£317,500 | 11 Jul 2017 |
£175,000 | 14 Jul 2011 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £317,500 results in an estimated price of approximately £404,777.
11 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £317,500 | £87,277 | £404,777 |
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 | -30.450 % | £-96,680 | £220,819 |
3 Month Average | 15.529 % | £49,305 | £366,805 |
6 Month Average | 17.388 % | £55,208 | £372,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Apr 2023 | £652,020 | £645,000 | 29 SIMPSON ROAD |
27 Feb 2023 | £524,647 | £525,000 | 48 RYDER GARDENS |
27 Jan 2023 | £484,717 | £487,000 | 23 HUGO GARDENS |
15 Oct 2021 | £420,462 | £380,000 | 47 SIMPSON ROAD |
9 Nov 2020 | £660,832 | £570,000 | 18 SIMPSON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Oct 2016. Using an estimated price of £404,777 means this house is valued at £4,599 per sq meter (£427 per sq foot).
The average size of a house on HUGO GARDENS is 108 sq meters (1,162 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Simpson Road |
Apr 2024 | Shoplifting | Under investigation | On or near Park Mews |
Apr 2024 | Shoplifting | Under investigation | On or near Park Mews |
Apr 2024 | Shoplifting | Under investigation | On or near Park Mews |
Apr 2024 | Shoplifting | Under investigation | On or near Park Mews |