£903,849
This estimated value is based upon the latest sale price for the house of £530,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Clockhouse Lane
More crime details
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £530,000 | 4 May 2012 |
| £410,000 | 29 Apr 2004 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in May 2012 the House Price Index for THURROCK was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £530,000 results in an estimated price of approximately £903,849.
| 4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £530,000 | £373,849 | £903,849 |
The Postcode Pricing Model uses changes in average sales price within the RM16 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 | 88.429 % | £468,676 | £998,676 |
| 3 Month Average | 51.713 % | £274,077 | £804,077 |
| 6 Month Average | 71.720 % | £380,113 | £910,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £406,011 | £400,000 | 9 ELVIN DRIVE |
| 14 Apr 2023 | £480,170 | £475,000 | 28 BIRCHFIELD |
| 11 Apr 2023 | £555,986 | £550,000 | 4 ELVIN DRIVE |
| 6 Apr 2023 | £637,868 | £631,000 | 5 GUARDIAN AVENUE |
| 24 Aug 2022 | £498,658 | £500,000 | 14 ELVIN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Clockhouse Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Harrington Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harrington Crescent |