£288,982
This estimated value is based upon the latest sale price for the house of £228,000 on 18 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Bernice Close
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
Price Paid | Date |
---|---|
£228,000 | 18 Sep 2017 |
£147,500 | 30 Sep 2011 |
£43,995 | 20 Nov 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 61 sq meters or 656 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 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £228,000 results in an estimated price of approximately £288,982.
18 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £228,000 | £60,982 | £288,982 |
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 | -17.442 % | £-39,767 | £188,232 |
3 Month Average | 14.212 % | £32,403 | £260,403 |
6 Month Average | 14.933 % | £34,047 | £262,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £180,428 | £178,000 | 16 BERNICE CLOSE |
27 Jun 2023 | £485,886 | £480,000 | 7 ARTERIAL AVENUE |
2 Jun 2023 | £237,881 | £235,000 | 252 UPMINSTER ROAD NORTH |
29 Jul 2022 | £258,696 | £258,000 | 24 WOODSIDE CLOSE |
24 Jan 2022 | £541,990 | £515,000 | 15 ORCHARD AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 14 Jun 2017. Using an estimated price of £288,982 means this house is valued at £4,737 per sq meter (£440 per sq foot).
The average size of a house on ARTERIAL AVENUE is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Bernice Close |
Mar 2024 | Burglary | Under investigation | On or near Bernice Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Bernice Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Bernice Close |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Bernice Close |