£152,932
This estimated value is based upon the latest sale price for the house of £33,000 on 18 Nov 1998. 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 |
|---|---|
| £33,000 | 18 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 363.431%.Applying this 363.431% change to the original purchase price of £33,000 results in an estimated price of approximately £152,932.
| 18 Nov 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 148.6 | 363.431 % | £33,000 | £119,932 | £152,932 |
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 | 216.926 % | £71,585 | £104,585 |
| 3 Month Average | 337.625 % | £111,416 | £144,416 |
| 6 Month Average | 342.701 % | £113,091 | £146,091 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £305,000 | £305,000 | 19 BLEWITTS COTTAGES NEW ROAD |
| 10 Nov 2023 | £304,508 | £300,000 | 25 DUNEDIN ROAD |
| 14 Jul 2023 | £446,003 | £440,000 | 18 NEW ZEALAND WAY |
| 31 Jan 2023 | £363,289 | £365,000 | 48 BLEWITTS COTTAGES NEW ROAD |
| 30 Jun 2022 | £334,730 | £330,000 | 3 BLEWITTS COTTAGES NEW ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Feb 2018. Using an estimated price of £152,932 means this house is valued at £2,124 per sq meter (£197 per sq foot).
The average size of a house on NEW ROAD is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Way |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Manor Way |