£471,499
This estimated value is based upon the latest sale price for the house of £455,000 on 31 Mar 2022. 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 |
---|---|
£455,000 | 31 Mar 2022 |
£249,000 | 25 Jan 2008 |
£237,000 | 17 Jul 2007 |
£129,995 | 10 Jun 2002 |
Terraced |
Freehold |
Floor Area: 94 sq meters or 1,011 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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £455,000 results in an estimated price of approximately £471,499.
31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £455,000 | £16,499 | £471,499 |
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 | -29.553 % | £-134,465 | £320,534 |
3 Month Average | -10.765 % | £-48,981 | £406,018 |
6 Month Average | -6.065 % | £-27,594 | £427,405 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £382,665 | £377,000 | 272 RAINHAM ROAD |
16 Nov 2023 | £397,891 | £392,000 | 58 THEYDON GARDENS |
6 Jan 2023 | £323,476 | £325,000 | 54 THEYDON GARDENS |
21 Nov 2022 | £466,351 | £472,000 | 10 THOROGOOD WAY |
15 Aug 2022 | £408,899 | £410,000 | 33 CASTLE AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Oct 2021. Using an estimated price of £471,499 means this house is valued at £5,015 per sq meter (£465 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 |
Mar 2024 | Public order | Under investigation | On or near Lighterman Road |
Mar 2024 | Other theft | Under investigation | On or near Lighterman Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Lighterman Road |
Feb 2024 | Other theft | Under investigation | On or near Gilesfield Close |