£326,185
This estimated value is based upon the latest sale price for the house of £222,000 on 2 Apr 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £222,000 | 2 Apr 2015 |
| £183,000 | 15 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in April 2015 the House Price Index for KENT was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £222,000 results in an estimated price of approximately £326,185.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £222,000 | £104,185 | £326,185 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | -38.629 % | £-85,756 | £136,243 |
| 3 Month Average | 13.296 % | £29,516 | £251,516 |
| 6 Month Average | 43.581 % | £96,749 | £318,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £297,604 | £295,000 | 122 ROCHESTER ROAD |
| 2 Feb 2023 | £290,804 | £291,000 | 2 DICKENS ROAD |
| 27 May 2022 | £361,818 | £355,000 | 148 ROCHESTER ROAD |
| 18 Mar 2022 | £212,434 | £205,000 | 20 PARKWOODS ROCHESTER ROAD |
| 29 Oct 2021 | £365,138 | £330,000 | 70 ROCHESTER ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 5 Mar 2015. Using an estimated price of £326,185 means this house is valued at £3,837 per sq meter (£356 per sq foot).
The average size of a house on ROCHESTER ROAD is 88 sq meters (955 sq feet).