£589,583
This estimated value is based upon the latest sale price for the house of £162,000 on 24 Nov 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
| Price Paid | Date |
|---|---|
| £162,000 | 24 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 November 2000 the House Price Index for GREATER LONDON was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £162,000 results in an estimated price of approximately £589,583.
| 24 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £162,000 | £427,583 | £589,583 |
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 | 149.214 % | £241,727 | £403,727 |
| 3 Month Average | 236.860 % | £383,713 | £545,713 |
| 6 Month Average | 243.309 % | £394,160 | £556,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £474,525 | £467,500 | 1A DERI AVENUE |
| 1 Aug 2023 | £398,486 | £395,000 | 34 THE GLEN |
| 24 May 2022 | £514,698 | £505,000 | 17 THE GLEN |
| 28 Apr 2022 | £468,559 | £455,000 | 16 THE GLEN |
| 31 Mar 2022 | £440,411 | £425,000 | 32 DERI AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Apr 2015. Using an estimated price of £589,584 means this house is valued at £5,409 per sq meter (£502 per sq foot).
The average size of a house on LAMBS LANE SOUTH is 170 sq meters (1,836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Deri Avenue |
| Jan 2024 | Anti-social behaviour | On or near Redbury Close | |
| Jan 2024 | Anti-social behaviour | On or near Redbury Close | |
| Jan 2024 | Anti-social behaviour | On or near Redbury Close | |
| Jan 2024 | Anti-social behaviour | On or near Redbury Close |