£365,307
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Sep 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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CEME Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU
Phone: 01708573593
Price Paid | Date |
---|---|
£275,000 | 15 Sep 2016 |
£172,000 | 15 Dec 2003 |
£172,000 | 15 Dec 2003 |
£90,000 | 27 Aug 1998 |
Semi-Detached |
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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £275,000 results in an estimated price of approximately £365,307.
15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £275,000 | £90,307 | £365,307 |
The Postcode Pricing Model uses changes in average sales price within the RM10 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 | -48.547 % | £-133,504 | £141,495 |
3 Month Average | 12.050 % | £33,138 | £308,138 |
6 Month Average | 28.562 % | £78,545 | £353,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £380,635 | £375,000 | 23 LEYS AVENUE |
31 Oct 2022 | £207,763 | £210,000 | 30 CLEMENCE ROAD |
31 May 2022 | £444,373 | £436,000 | 13 CLEMENCE ROAD |
18 Mar 2022 | £471,499 | £455,000 | 9 CLEMENCE ROAD |
20 Jan 2022 | £199,958 | £190,000 | 45 CHANTRESS CLOSE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 28 Jun 2017. Using an estimated price of £365,308 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on CLEMENCE ROAD is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Clemence Road | |
Jan 2024 | Anti-social behaviour | On or near Clemence Road | |
Jan 2024 | Anti-social behaviour | On or near Clemence Road | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Clemence Road |