£322,937
This estimated value is based upon the latest sale price for the house of £85,000 on 14 Apr 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 |
|---|---|
| £85,000 | 14 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 April 2000 the House Price Index for GREATER LONDON was 39.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 279.926%.Applying this 279.926% change to the original purchase price of £85,000 results in an estimated price of approximately £322,937.
| 14 Apr 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 148.6 | 279.926 % | £85,000 | £237,937 | £322,937 |
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 | 131.848 % | £112,070 | £197,070 |
| 3 Month Average | 338.643 % | £287,846 | £372,846 |
| 6 Month Average | 391.189 % | £332,510 | £417,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £394,782 | £390,000 | 83 BEAMWAY |
| 16 Jan 2023 | £248,828 | £250,000 | 860 RAINHAM ROAD SOUTH |
| 25 Aug 2020 | £263,795 | £220,000 | 42 CANBERRA CRESCENT |
| 7 Jul 2020 | £392,991 | £325,000 | 3 OTTAWA GARDENS |
| 15 Jun 2020 | £423,855 | £350,000 | 14 OTTAWA GARDENS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 12 Dec 2013. Using an estimated price of £322,938 means this house is valued at £3,986 per sq meter (£370 per sq foot).
The average size of a house on OTTAWA GARDENS is 109 sq meters (1,181 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Leys Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Leys Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Beamway |
| Jan 2024 | Burglary | Under investigation | On or near Beamway |