£444,284
This estimated value is based upon the latest sale price for the house of £354,000 on 15 Jan 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 |
---|---|
£354,000 | 15 Jan 2018 |
£222,000 | 8 Nov 2006 |
£76,000 | 2 May 1997 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £354,000 results in an estimated price of approximately £444,284.
15 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 148.6 | 25.504 % | £354,000 | £90,284 | £444,284 |
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 | -23.322 % | £-82,559 | £271,440 |
3 Month Average | 10.631 % | £37,632 | £391,632 |
6 Month Average | 13.552 % | £47,972 | £401,972 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £427,479 | £420,000 | 7 DENHOLME WALK |
7 Sep 2023 | £506,476 | £500,000 | 15 SIMPSON ROAD |
27 Feb 2023 | £524,647 | £525,000 | 48 RYDER GARDENS |
21 Feb 2023 | £429,711 | £430,000 | 2 BRETONS COTTAGES RAINHAM ROAD |
25 Nov 2022 | £494,011 | £499,995 | 8D BRETONS COTTAGES RAINHAM ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Jul 2017. Using an estimated price of £444,284 means this house is valued at £5,695 per sq meter (£529 per sq foot).
The average size of a house on SIMPSON ROAD is 93 sq meters (1,011 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Gilroy Close | |
Mar 2024 | Vehicle crime | Under investigation | On or near Gilroy Close |
Feb 2024 | Anti-social behaviour | On or near Gilroy Close | |
Feb 2024 | Anti-social behaviour | On or near Gilroy Close |