£326,236
This estimated value is based upon the latest sale price for the house of £245,000 on 22 Jul 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 |
|---|---|
| £245,000 | 22 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £245,000 results in an estimated price of approximately £326,236.
| 22 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £245,000 | £81,236 | £326,236 |
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 | 46.162 % | £113,096 | £358,096 |
| 3 Month Average | 19.826 % | £48,574 | £293,574 |
| 6 Month Average | 28.648 % | £70,188 | £315,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £228,381 | £225,000 | 772 RAINHAM ROAD SOUTH |
| 15 Sep 2023 | £226,901 | £224,000 | 103 BIRDBROOK CLOSE |
| 2 May 2022 | £303,723 | £298,000 | 104 BIRDBROOK CLOSE |
| 7 Mar 2022 | £375,127 | £362,000 | 22 WELLINGTON DRIVE |
| 22 Feb 2022 | £384,871 | £367,000 | 3 LEYS AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Nov 2015. Using an estimated price of £326,236 means this house is valued at £3,838 per sq meter (£356 per sq foot).
The average size of a house on DURBAN GARDENS is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Leys Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Leys Close |
| Mar 2024 | Other theft | Under investigation | On or near Leys Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Leys Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Leys Close |