£535,964
This estimated value is based upon the latest sale price for the house of £358,000 on 21 Oct 2014. 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 |
|---|---|
| £358,000 | 21 Oct 2014 |
| £137,500 | 14 Apr 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 191 sq meters or 2,055 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 October 2014 the House Price Index for THURROCK was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £358,000 results in an estimated price of approximately £535,964.
| 21 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £358,000 | £177,964 | £535,964 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | 37.524 % | £134,335 | £492,335 |
| 3 Month Average | 97.759 % | £349,976 | £707,976 |
| 6 Month Average | 71.133 % | £254,655 | £612,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2023 | £339,771 | £340,000 | 137 CLARENCE ROAD |
| 13 May 2022 | £565,658 | £555,000 | 130 ORSETT ROAD |
| 13 May 2022 | £252,253 | £247,500 | 5 AVENUE LODGE, 2 PALMERS AVENUE |
| 4 Mar 2022 | £227,978 | £220,000 | 2 AVENUE LODGE, 2 PALMERS AVENUE |
| 27 Jan 2022 | £489,370 | £465,000 | 146 BRIDGE ROAD |
This house has a floor area of 191 sq meters or 2,055 sq feet when measured on 18 Sep 2014. Using an estimated price of £535,964 means this house is valued at £2,806 per sq meter (£260 per sq foot).
The average size of a house on PARK VIEW GARDENS is 253 sq meters (2,728 sq feet).
This house is the largest in the street with a floor area of 191 sq meters (2,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park View Gardens |
| Mar 2024 | Anti-social behaviour | On or near Park Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Mar 2024 | Anti-social behaviour | On or near Park Road | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Road |