£426,654
This estimated value is based upon the latest sale price for the house of £345,000 on 24 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Upminster Road South, Rainham, RM13 9YS
Phone: 01708573584
Price Paid | Date |
---|---|
£345,000 | 24 Apr 2019 |
£278,500 | 20 Jun 2007 |
£221,000 | 29 Nov 2004 |
£69,000 | 27 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £345,000 results in an estimated price of approximately £426,654.
24 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £345,000 | £81,654 | £426,654 |
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 | -31.553 % | £-108,856 | £236,143 |
3 Month Average | 18.337 % | £63,263 | £408,263 |
6 Month Average | 9.315 % | £32,138 | £377,138 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £305,000 | £305,000 | 58A WENNINGTON ROAD |
24 Nov 2023 | £253,757 | £250,000 | FLAT 3 CHRISTINE COURT, 44 WENNINGTON ROAD |
3 Nov 2023 | £167,480 | £165,000 | FLAT 11 EMERALD HOUSE FERRO ROAD |
20 Sep 2023 | £258,303 | £255,000 | FLAT 55 ST HELENS COURT UPMINSTER ROAD SOUTH |
4 Aug 2023 | £229,003 | £227,000 | 49 ST HELENS COURT |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 10 Aug 2018. Using an estimated price of £426,654 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on WENNINGTON ROAD is 88 sq meters (953 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Under investigation | On or near Ferro Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Ferro Road |