£321,284
This estimated value is based upon the latest sale price for the house of £258,000 on 16 May 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 |
|---|---|
| £258,000 | 16 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 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 24.529%.Applying this 24.529% change to the original purchase price of £258,000 results in an estimated price of approximately £321,284.
| 16 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £258,000 | £63,284 | £321,284 |
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 | 29.484 % | £76,067 | £334,067 |
| 3 Month Average | 3.245 % | £8,372 | £266,372 |
| 6 Month Average | 11.163 % | £28,801 | £286,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £331,646 | £325,000 | 42 GIFFORDSIDE |
| 28 Oct 2022 | £284,051 | £285,000 | 23 ALURIC CLOSE |
| 22 Jul 2022 | £324,249 | £321,000 | 48 GIFFORDSIDE |
| 8 Jul 2022 | £358,593 | £355,000 | 30 ST AUGUSTINE ROAD |
| 25 May 2022 | £287,490 | £280,000 | 16 ALURIC CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Apr 2019. Using an estimated price of £321,284 means this house is valued at £3,735 per sq meter (£347 per sq foot).
The average size of a house on WATERSON ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Vigerons Way |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vigerons Way |