£391,472
This estimated value is based upon the latest sale price for the house of £235,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £235,000 | 30 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 sq feet |
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 August 2013 the House Price Index for THURROCK was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £235,000 results in an estimated price of approximately £391,472.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £235,000 | £156,472 | £391,472 |
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 | 133.617 % | £314,000 | £549,000 |
| 3 Month Average | 72.855 % | £171,208 | £406,208 |
| 6 Month Average | 71.679 % | £168,446 | £403,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £446,330 | £435,000 | 191 LODGE LANE |
| 16 Nov 2023 | £607,419 | £592,000 | 17 MEAD CLOSE |
| 12 Aug 2022 | £480,246 | £478,000 | 4 MEAD CLOSE |
| 27 May 2022 | £369,630 | £360,000 | 29 MEAD CLOSE |
| 25 May 2022 | £800,864 | £780,000 | 194 LODGE LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Mar 2013. Using an estimated price of £391,473 means this house is valued at £4,552 per sq meter (£422 per sq foot).
The average size of a house on MEAD CLOSE is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mead Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conrad Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lucas Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bodell Close |