£350,843
This estimated value is based upon the latest sale price for the house of £206,000 on 31 Aug 2012. 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 |
---|---|
£206,000 | 31 Aug 2012 |
£177,500 | 23 Jan 2004 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £206,000 results in an estimated price of approximately £350,843.
31 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £206,000 | £144,843 | £350,843 |
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 | 28.667 % | £59,053 | £265,053 |
3 Month Average | 75.780 % | £156,106 | £362,106 |
6 Month Average | 81.021 % | £166,904 | £372,904 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £449,999 | £449,999 | 5 DUNMOW DRIVE |
22 Sep 2023 | £293,756 | £290,000 | 58 FYFIELD ROAD |
31 Jan 2023 | £410,068 | £412,000 | 22 FORD CLOSE |
30 Nov 2022 | £425,348 | £430,500 | 22 DUNMOW DRIVE |
26 Aug 2022 | £359,034 | £360,000 | 10 DANBURY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Jun 2012. Using an estimated price of £350,844 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on DUNMOW DRIVE is 114 sq meters (1,228 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Harlow Road | |
Feb 2024 | Anti-social behaviour | On or near Harlow Road | |
Jan 2024 | Anti-social behaviour | On or near Harlow Road | |
Jan 2024 | Anti-social behaviour | On or near Harlow Road | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harlow Road |