£218,020
This estimated value is based upon the latest sale price for the house of £175,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £175,000 | 26 Apr 2019 |
| £158,000 | 30 Jun 2017 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 48 sq meters or 516 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 April 2019 the House Price Index for THURROCK was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £175,000 results in an estimated price of approximately £218,020.
| 26 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £175,000 | £43,020 | £218,020 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | -4.753 % | £-8,317 | £166,682 |
| 3 Month Average | 16.819 % | £29,432 | £204,432 |
| 6 Month Average | 24.338 % | £42,591 | £217,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £150,000 | £150,000 | 7 PARKER AVENUE |
| 13 Nov 2023 | £302,683 | £295,000 | 37 KIPLING AVENUE |
| 15 Sep 2023 | £357,889 | £350,000 | 73 FIELDING AVENUE |
| 4 Apr 2023 | £137,573 | £135,000 | 62 KIPLING AVENUE |
| 3 Mar 2023 | £360,012 | £354,000 | 30 FLEMING GARDENS |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 26 Jul 2016. Using an estimated price of £218,021 means this house is valued at £4,542 per sq meter (£421 per sq foot).
The average size of a house on PARKER AVENUE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parker Avenue |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parker Avenue |
| May 2024 | Anti-social behaviour | On or near Galsworthy Road | |
| May 2024 | Anti-social behaviour | On or near Galsworthy Road | |
| May 2024 | Anti-social behaviour | On or near Galsworthy Road |