£149,653
This estimated value is based upon the latest sale price for the house of £58,300 on 14 Nov 2002. 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 |
|---|---|
| £58,300 | 14 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 409 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 November 2002 the House Price Index for THURROCK was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £58,300 results in an estimated price of approximately £149,653.
| 14 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £58,300 | £91,353 | £149,653 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | 160.968 % | £93,844 | £152,144 |
| 3 Month Average | 207.742 % | £121,113 | £179,413 |
| 6 Month Average | 216.089 % | £125,980 | £184,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £226,986 | £225,000 | 42 KIPLING AVENUE |
| 18 Nov 2022 | £326,051 | £330,000 | 24 KIPLING AVENUE |
| 22 Aug 2022 | £284,235 | £285,000 | 17 THACKERAY AVENUE |
| 3 Aug 2022 | £309,168 | £310,000 | 71 DICKENS AVENUE |
| 21 Jul 2022 | £260,702 | £260,000 | 20 SHELLEY PLACE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 25 Jan 2020. Using an estimated price of £149,653 means this house is valued at £3,938 per sq meter (£365 per sq foot).
The average size of a house on SHELLEY PLACE is 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Shelley Place | |
| Feb 2024 | Anti-social behaviour | On or near Shelley Place | |
| Feb 2024 | Anti-social behaviour | On or near Shelley Place | |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Shelley Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shelley Place |