£341,171
This estimated value is based upon the latest sale price for the house of £215,000 on 9 Apr 2008. 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 |
|---|---|
| £215,000 | 9 Apr 2008 |
| £168,000 | 27 Jul 2007 |
| £128,000 | 29 Aug 2002 |
| £85,500 | 26 Jun 2001 |
| Terraced |
| Freehold |
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 April 2008 the House Price Index for GREATER LONDON was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £215,000 results in an estimated price of approximately £341,171.
| 9 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.6 | 148.6 | 58.684 % | £215,000 | £126,171 | £341,171 |
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 | 104.388 % | £224,434 | £439,434 |
| 3 Month Average | 67.631 % | £145,407 | £360,407 |
| 6 Month Average | 76.341 % | £164,133 | £379,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £324,366 | £320,000 | 120 THIRD AVENUE |
| 12 Jul 2022 | £350,945 | £350,000 | 187 THIRD AVENUE |
| 8 Sep 2021 | £366,381 | £340,000 | 147 THIRD AVENUE |
| 16 Jun 2021 | £332,607 | £310,000 | 214 THIRD AVENUE |
| 18 Sep 2019 | £380,359 | £310,000 | 229 THIRD AVENUE |