£306,495
This estimated value is based upon the latest sale price for the house of £243,500 on 21 Feb 2018. 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 |
---|---|
£243,500 | 21 Feb 2018 |
£121,995 | 31 Jan 2003 |
£105,000 | 19 Aug 2002 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 February 2018 the House Price Index for KENT was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £243,500 results in an estimated price of approximately £306,495.
21 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £243,500 | £62,995 | £306,495 |
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 | 9.519 % | £23,178 | £266,678 |
3 Month Average | 15.417 % | £37,541 | £281,041 |
6 Month Average | 10.881 % | £26,495 | £269,995 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £254,960 | £254,960 | 59 SUFFOLK ROAD |
3 Mar 2024 | £245,776 | £242,000 | 5 SUFFOLK ROAD |
6 Oct 2023 | £250,694 | £245,000 | 3 SUFFOLK ROAD |
14 Aug 2023 | £305,510 | £300,000 | 15 NORFOLK ROAD |
30 Jun 2023 | £303,074 | £297,000 | 17 ST JOHNS ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Nov 2017. Using an estimated price of £306,496 means this house is valued at £2,947 per sq meter (£273 per sq foot).
The average size of a house on NORFOLK ROAD is 112 sq meters (1,210 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Under investigation | On or near Mastin Mews |
May 2024 | Violence and sexual offences | Under investigation | On or near Mastin Mews |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Mastin Mews |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mastin Mews |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Road |