£221,642
This estimated value is based upon the latest sale price for the house of £69,995 on 6 Dec 2001. 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 |
|---|---|
| £69,995 | 6 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 December 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £69,995 results in an estimated price of approximately £221,642.
| 6 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £69,995 | £151,647 | £221,642 |
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 | 303.377 % | £212,348 | £282,343 |
| 3 Month Average | 238.660 % | £167,050 | £237,045 |
| 6 Month Average | 275.131 % | £192,578 | £262,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 20 Jan 2022 | £199,958 | £190,000 | 45 CHANTRESS CLOSE |
| 9 Jul 2021 | £264,331 | £230,000 | 38 CHANTRESS CLOSE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 1 Oct 2018. Using an estimated price of £221,643 means this house is valued at £1,801 per sq meter (£167 per sq foot).
The average size of a house on WELLINGTON DRIVE is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Bryant Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Shoesmith Grove |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Durban Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near Chantress Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chantress Close |