£183,963
This estimated value is based upon the latest sale price for the house of £111,250 on 2 Aug 2013. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £111,250 | 2 Aug 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £111,250 results in an estimated price of approximately £183,963.
| 2 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £111,250 | £72,713 | £183,963 |
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 | 95.540 % | £106,287 | £217,537 |
| 3 Month Average | 48.068 % | £53,475 | £164,725 |
| 6 Month Average | 71.315 % | £79,337 | £190,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £305,342 | £300,000 | 38 DEVEREUX ROAD |
| 24 Nov 2023 | £126,878 | £125,000 | 68 DUARTE PLACE |
| 31 Mar 2023 | £211,997 | £210,000 | 42 DUARTE PLACE |
| 6 Jul 2022 | £315,850 | £315,000 | 20 DEVEREUX ROAD |
| 22 Apr 2022 | £167,342 | £162,500 | 66 DUARTE PLACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Feb 2019. Using an estimated price of £183,963 means this house is valued at £3,066 per sq meter (£284 per sq foot).
The average size of a house on DUARTE PLACE is 56 sq meters (606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duarte Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Duarte Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duarte Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devereux Road |