£181,040
This estimated value is based upon the latest sale price for the house of £122,495 on 10 Feb 2015. 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 |
|---|---|
| £122,495 | 10 Feb 2015 |
| £115,000 | 4 Oct 2005 |
| £59,995 | 10 Aug 2001 |
| £34,000 | 1 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £122,495 results in an estimated price of approximately £181,040.
| 10 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £122,495 | £58,545 | £181,040 |
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 | -30.286 % | £-37,098 | £85,396 |
| 3 Month Average | 49.309 % | £60,401 | £182,896 |
| 6 Month Average | 66.471 % | £81,424 | £203,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £430,504 | £425,000 | 4 NORTON ROAD |
| 29 Sep 2023 | £258,303 | £255,000 | 18 NORTON ROAD |
| 25 Sep 2023 | £405,181 | £400,000 | 7 NORTON ROAD |
| 9 Jun 2023 | £485,881 | £479,995 | 100 WESTERN AVENUE |
| 14 Apr 2023 | £1,324,259 | £1,310,000 | 8 NORTON ROAD |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 20 Nov 2018. Using an estimated price of £181,040 means this house is valued at £4,642 per sq meter (£431 per sq foot).
The average size of a house on WESTERN AVENUE is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Auriel Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Auriel Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Auriel Avenue | |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Tree Top Mews |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tree Top Mews |