£741,106
This estimated value is based upon the latest sale price for the house of £159,995 on 18 Dec 1998. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £159,995 | 18 Dec 1998 |
| 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 December 1998 the House Price Index for THURROCK was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £159,995 results in an estimated price of approximately £741,106.
| 18 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £159,995 | £581,111 | £741,106 |
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 | 408.562 % | £653,678 | £813,673 |
| 3 Month Average | 304.441 % | £487,090 | £647,085 |
| 6 Month Average | 316.456 % | £506,313 | £666,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £675,338 | £660,000 | 14 HEPBURN CLOSE |
| 29 Sep 2023 | £440,204 | £430,500 | 76 GRIFON ROAD |
| 25 Sep 2023 | £430,490 | £421,000 | 72 GRIFON ROAD |
| 30 Jun 2022 | £413,846 | £405,000 | 10 HAMPTON CLOSE |
| 29 Sep 2021 | £550,655 | £507,250 | 7 HEPBURN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hayley Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hepburn Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kershaw Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Kershaw Close |