£309,166
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Apr 2020. 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 |
|---|---|
| £250,000 | 17 Apr 2020 |
| £220,000 | 10 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2020 the House Price Index for THURROCK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £250,000 results in an estimated price of approximately £309,166.
| 17 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £250,000 | £59,166 | £309,166 |
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 | 35.522 % | £88,804 | £338,804 |
| 3 Month Average | 11.791 % | £29,476 | £279,476 |
| 6 Month Average | 10.072 % | £25,178 | £275,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £331,646 | £325,000 | 42 GIFFORDSIDE |
| 1 Feb 2023 | £285,407 | £283,500 | 22 FURNESS CLOSE |
| 28 Oct 2022 | £284,051 | £285,000 | 23 ALURIC CLOSE |
| 22 Jul 2022 | £324,249 | £321,000 | 48 GIFFORDSIDE |
| 24 Jun 2022 | £296,334 | £290,000 | 16 MARISCO CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Jun 2016. Using an estimated price of £309,166 means this house is valued at £3,680 per sq meter (£341 per sq foot).
The average size of a house on ALURIC CLOSE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Aluric Close |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Aluric Close |
| Jun 2024 | Anti-social behaviour | On or near Aluric Close | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Aluric Close |
| Jun 2024 | Anti-social behaviour | On or near Aluric Close |