£307,516
This estimated value is based upon the latest sale price for the house of £180,000 on 28 Jun 2010. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £180,000 | 28 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 934 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 June 2010 the House Price Index for THURROCK was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £180,000 results in an estimated price of approximately £307,516.
| 28 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £180,000 | £127,516 | £307,516 |
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 | 127.560 % | £229,607 | £409,607 |
| 3 Month Average | 74.576 % | £134,237 | £314,237 |
| 6 Month Average | 76.318 % | £137,372 | £317,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Nov 2022 | £425,013 | £427,000 | 1 MERTON PLACE |
| 10 Jun 2022 | £362,754 | £355,000 | 5 CAMBRIDGE GARDENS |
| 29 Oct 2021 | £181,691 | £163,000 | 55B RIVER VIEW |
| 20 Aug 2021 | £269,730 | £240,000 | 61 RIVER VIEW |
| 20 Aug 2021 | £393,356 | £350,000 | 35 OXFORD AVENUE |
This house has a floor area of 86 sq meters or 934 sq feet when measured on 1 Sep 2009. Using an estimated price of £307,516 means this house is valued at £3,542 per sq meter (£329 per sq foot).
The average size of a house on MERTON PLACE is 141 sq meters (1,527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Apr 2024 | Drugs | Local resolution | On or near Oxford Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Morley Square |
| Jul 2024 | Anti-social behaviour | On or near Cambridge Gardens |