£346,492
This estimated value is based upon the latest sale price for the house of £280,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
CEME Innovation Centre, Marsh Way, Rainham, Essex, RM13 8EU
Phone: 01708573593
Price Paid | Date |
---|---|
£280,500 | 15 Feb 2019 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £280,500 results in an estimated price of approximately £346,492.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £280,500 | £65,992 | £346,492 |
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 | -21.788 % | £-61,115 | £219,384 |
3 Month Average | 14.458 % | £40,554 | £321,054 |
6 Month Average | 20.887 % | £58,587 | £339,087 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jun 2023 | £394,782 | £390,000 | 83 BEAMWAY |
16 Jan 2023 | £248,828 | £250,000 | 860 RAINHAM ROAD SOUTH |
14 Apr 2022 | £566,390 | £550,000 | 1 CANBERRA CLOSE |
22 Feb 2022 | £384,871 | £367,000 | 3 LEYS AVENUE |
25 Aug 2020 | £263,795 | £220,000 | 42 CANBERRA CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Mar 2015. Using an estimated price of £346,493 means this house is valued at £3,937 per sq meter (£365 per sq foot).
The average size of a house on OTTAWA GARDENS is 109 sq meters (1,181 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Leys Close |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Leys Close |
Jan 2024 | Burglary | Under investigation | On or near Canberra Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Canberra Close |