£464,969
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Apr 2005. 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 |
---|---|
£248,000 | 25 Apr 2005 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £248,000 results in an estimated price of approximately £464,969.
25 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £248,000 | £216,969 | £464,969 |
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 | 157.849 % | £391,466 | £639,466 |
3 Month Average | 137.396 % | £340,741 | £588,741 |
6 Month Average | 105.952 % | £262,761 | £510,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £335,149 | £330,000 | 17 CASTLE AVENUE |
20 Nov 2023 | £386,819 | £377,000 | 272 RAINHAM ROAD |
16 Nov 2023 | £402,210 | £392,000 | 58 THEYDON GARDENS |
10 Oct 2023 | £398,040 | £389,000 | 9 FONTAYNE AVENUE |
3 Mar 2023 | £388,996 | £382,500 | 41 CASTLE AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Dec 2008. Using an estimated price of £464,970 means this house is valued at £4,603 per sq meter (£427 per sq foot).
The average size of a house on RAINHAM ROAD is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lighterman Road |