4, GREENACRES CLOSE, RAINHAM, RM13 9RX - £332,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GREENACRES CLOSE is a small extended terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £396,727. It was last sold for £332,500 in April 2021, which was around 10% below the average April 2021 terraced price in the Havering local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

4 GREENACRES CLOSE Sold Prices

Land registry data shows two sales for 4 GREENACRES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Havering local authority area for the corresponding sale date. Both of the two 4 GREENACRES CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 APR	£332,500	£367,603	10% below HPI
1995 30 JUN	£60,000	£63,373	5% below HPI

4 GREENACRES CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Havering local authority area over time, sourced from the HPI. The two 4 GREENACRES CLOSE sales from June 1995 and April 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 4 GREENACRES CLOSE be worth now?

4 GREENACRES CLOSE might now be worth an estimated £396,727.

This is based on house price inflation of 19.3%, between April 2021 and May 2026, for terraced houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.3% inflationary increase is applied to the most recent sale price for 4 GREENACRES CLOSE of £332,500 on 23rd April 2021. For the value to have increased from £332,500 to £396,727 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 GREENACRES CLOSE has moved in line with the HPI for terraced houses in the Havering local authority area.
• The April 2021 sale price of £332,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GREENACRES CLOSE has not materially changed since April 2021.

How Large is 4 GREENACRES CLOSE?

4 GREENACRES CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 30% of terraced houses houses in Rainham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rainham, and where 4 GREENACRES CLOSE lies on this distribution: 22% of terraced houses houses are smaller than 4 GREENACRES CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Rainham.

4 GREENACRES CLOSE: Plot and Title Map

4 GREENACRES CLOSE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 4 GREENACRES CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 GREENACRES CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 GREENACRES CLOSE?

4 GREENACRES CLOSE is located in RAINHAM, in the RM13 postcode district. The below map shows the position of No. 4 on GREENACRES CLOSE.