£290,557
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Mar 2012. 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 |
---|---|
£170,000 | 14 Mar 2012 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 846 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 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £170,000 results in an estimated price of approximately £290,557.
14 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.9 | 148.6 | 70.916 % | £170,000 | £120,557 | £290,557 |
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 | 26.320 % | £44,744 | £214,744 |
3 Month Average | 86.843 % | £147,632 | £317,632 |
6 Month Average | 86.837 % | £147,623 | £317,623 |
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 78 sq meters or 846 sq feet when measured on 24 Nov 2011. Using an estimated price of £290,558 means this house is valued at £3,693 per sq meter (£343 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 |