£107,364
This estimated value is based upon the latest sale price for the house of £85,750 on 15 Dec 2017. 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 |
|---|---|
| £85,750 | 15 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 762 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £85,750 results in an estimated price of approximately £107,364.
| 15 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £85,750 | £21,614 | £107,364 |
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 | 7.145 % | £6,126 | £91,876 |
| 3 Month Average | 15.486 % | £13,279 | £99,029 |
| 6 Month Average | 28.972 % | £24,843 | £110,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £463,500 | £463,500 | 17 CADIZ ROAD |
| 21 Dec 2023 | £443,388 | £435,000 | 25 WELLINGTON DRIVE |
| 6 Nov 2023 | £227,926 | £225,000 | 772 RAINHAM ROAD SOUTH |
| 2 May 2022 | £302,497 | £298,000 | 104 BIRDBROOK CLOSE |
| 7 Mar 2022 | £373,612 | £362,000 | 22 WELLINGTON DRIVE |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 9 Sep 2009. Using an estimated price of £107,365 means this house is valued at £1,515 per sq meter (£140 per sq foot).
The average size of a house on RAINHAM ROAD SOUTH is 66 sq meters (716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Birdbrook Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Birdbrook Close |
| Mar 2024 | Other theft | Under investigation | On or near Birdbrook Close |
| Mar 2024 | Anti-social behaviour | On or near Birdbrook Close | |
| Feb 2024 | Bicycle theft | Under investigation | On or near Birdbrook Close |