£490,896
This estimated value is based upon the latest sale price for the house of £390,000 on 16 Feb 2018. 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 |
---|---|
£390,000 | 16 Feb 2018 |
£270,000 | 29 Nov 2007 |
£230,000 | 21 May 2004 |
£86,000 | 30 Jan 1997 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 February 2018 the House Price Index for THURROCK was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £390,000 results in an estimated price of approximately £490,896.
16 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £390,000 | £100,896 | £490,896 |
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 | 41.259 % | £160,910 | £550,910 |
3 Month Average | 11.185 % | £43,620 | £433,620 |
6 Month Average | 10.434 % | £40,693 | £430,693 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £580,469 | £570,000 | 42 LONG LANE |
17 Aug 2023 | £437,898 | £430,000 | 6 LONG LANE |
7 Jun 2023 | £250,010 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
31 Mar 2023 | £304,530 | £299,444 | 39 GODDARD ROAD |
15 Jul 2022 | £454,555 | £450,000 | 8 WAVERLEY GARDENS |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 24 Nov 2015. Using an estimated price of £490,897 means this house is valued at £4,675 per sq meter (£434 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waverley Gardens |
Jul 2024 | Other theft | Under investigation | On or near Waverley Gardens |
Jun 2024 | Possession of weapons | Under investigation | On or near Nutberry Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waverley Gardens |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Nutberry Close |