£431,752
This estimated value is based upon the latest sale price for the house of £350,000 on 20 Dec 2018. 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 |
|---|---|
| £350,000 | 20 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £350,000 results in an estimated price of approximately £431,752.
| 20 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £350,000 | £81,752 | £431,752 |
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 | -30.459 % | £-106,607 | £243,392 |
| 3 Month Average | 9.193 % | £32,175 | £382,175 |
| 6 Month Average | 20.438 % | £71,532 | £421,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2022 | £479,834 | £485,000 | 99 ROOSEVELT WAY |
| 14 Jun 2022 | £471,666 | £465,000 | 178 WESTERN AVENUE |
| 22 Apr 2022 | £401,622 | £390,000 | 83 AURIEL AVENUE |
| 23 Sep 2021 | £404,097 | £375,000 | 51 AURIEL AVENUE |
| 23 Aug 2021 | £462,981 | £415,000 | 55 AURIEL AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Nov 2018. Using an estimated price of £431,753 means this house is valued at £6,444 per sq meter (£598 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 | Violence and sexual offences | Under investigation | On or near Roosevelt Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Roosevelt Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roosevelt Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Roosevelt Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Roosevelt Way |