7, ELDER WAY, RAINHAM, RM13 9SX - £340,000

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.

7 ELDER WAY is a midsized extended semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £424,038. It was last sold for £340,000 in March 2018, which was around 21% below the average March 2018 semi-detached price in the Havering local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

7 ELDER WAY Sold Prices

Land registry data shows one sale for 7 ELDER WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Havering local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 MAR	£340,000	£431,336	21% below HPI

What might 7 ELDER WAY be worth now?

7 ELDER WAY might now be worth an estimated £424,038.

This is based on house price inflation of 24.7%, between March 2018 and April 2026, for semi-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 24.7% inflationary increase is applied to the most recent sale price for 7 ELDER WAY of £340,000 on 9th March 2018. For the value to have increased from £340,000 to £424,038 over the seven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 7 ELDER WAY has moved in line with the HPI for semi-detached houses in the Havering local authority area.
• The March 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELDER WAY has not materially changed since March 2018.

How Large is 7 ELDER WAY?

7 ELDER WAY is 88m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 50% of semi-detached houses in Rainham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Rainham, and where 7 ELDER WAY lies on this distribution: 53% of semi-detached houses are smaller than 7 ELDER WAY, and 46% of semi-detached houses are larger. Note that EPC data is not available for all properties in Rainham.

7 ELDER WAY: Plot

7 ELDER WAY sits on a plot of roughly 0.042 of an acre, or 171m².

Where is 7 ELDER WAY?

7 ELDER WAY is located in RAINHAM, in the RM13 postcode district.