£390,627
This estimated value is based upon the latest sale price for the house of £265,000 on 16 Mar 2015. 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 |
|---|---|
| £265,000 | 16 Mar 2015 |
| £85,500 | 23 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 964 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £265,000 results in an estimated price of approximately £390,627.
| 16 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £265,000 | £125,627 | £390,627 |
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 | -17.759 % | £-47,060 | £217,939 |
| 3 Month Average | 44.736 % | £118,550 | £383,550 |
| 6 Month Average | 64.340 % | £170,501 | £435,501 |
| 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 |
| 25 Oct 2022 | £450,153 | £455,000 | 89 CLEMENCE ROAD |
| 14 Apr 2022 | £566,390 | £550,000 | 1 CANBERRA CLOSE |
| 22 Feb 2022 | £384,871 | £367,000 | 3 LEYS AVENUE |
This house has a floor area of 89 sq meters or 964 sq feet when measured on 6 Oct 2010. Using an estimated price of £390,628 means this house is valued at £4,357 per sq meter (£404 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 |
| Jan 2024 | Burglary | Under investigation | On or near Canberra Close |