£448,741
This estimated value is based upon the latest sale price for the house of £337,000 on 28 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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82 Rainham Road, Rainham, RM13 7RJ
Phone: 01708629054
Price Paid | Date |
---|---|
£337,000 | 28 Jul 2016 |
£223,000 | 13 Jun 2013 |
£206,995 | 12 May 2006 |
£59,995 | 23 Apr 1997 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 £337,000 results in an estimated price of approximately £448,741.
28 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £337,000 | £111,741 | £448,741 |
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 | -18.371 % | £-61,909 | £275,090 |
3 Month Average | 15.564 % | £52,451 | £389,451 |
6 Month Average | 16.325 % | £55,014 | £392,014 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2022 | £317,581 | £321,000 | 6 CHERRY WALK |
23 May 2022 | £382,202 | £375,000 | 89 RAINHAM ROAD |
29 Apr 2022 | £514,900 | £500,000 | 15 CHERRY WALK |
6 Oct 2021 | £381,735 | £345,000 | 34 RAINHAM ROAD |
21 Dec 2020 | £436,131 | £380,000 | 80 RAINHAM ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 11 Mar 2016. Using an estimated price of £448,741 means this house is valued at £4,626 per sq meter (£429 per sq foot).
The average size of a house on RAINHAM ROAD is 84 sq meters (905 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Cherry Walk |
Apr 2024 | Other theft | Under investigation | On or near Cherry Walk |
Apr 2024 | Vehicle crime | Under investigation | On or near Cherry Walk |
Apr 2024 | Robbery | Under investigation | On or near Cherry Walk |
Apr 2024 | Shoplifting | Under investigation | On or near Cherry Walk |