14, BLACKSMITHS LANE, RAINHAM, RM13 7AD - £250,000

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.

14 BLACKSMITHS LANE is a detached house, which could now be worth an estimated £610,501. It was last sold for £250,000 in February 2004, which was around 28% below the average February 2004 detached price in the Havering local authority area.

14 BLACKSMITHS LANE Sold Prices

Land registry data shows two sales for 14 BLACKSMITHS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Both of the two 14 BLACKSMITHS LANE 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
2004 25 FEB	£250,000	£346,609	28% below HPI
1999 30 JUN	£129,995	£179,657	28% below HPI

What might 14 BLACKSMITHS LANE be worth now?

14 BLACKSMITHS LANE might now be worth an estimated £610,501.

This is based on house price inflation of 144.2%, between February 2004 and May 2026, for detached 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 144.2% inflationary increase is applied to the most recent sale price for 14 BLACKSMITHS LANE of £250,000 on 25th February 2004. For the value to have increased from £250,000 to £610,501 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 14 BLACKSMITHS LANE has moved in line with the HPI for detached houses in the Havering local authority area.
• The February 2004 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BLACKSMITHS LANE has not materially changed since February 2004.

Where is 14 BLACKSMITHS LANE?

14 BLACKSMITHS LANE is located in RAINHAM, in the RM13 postcode district.