£364,468
This estimated value is based upon the latest sale price for the house of £295,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £295,000 | 28 Jun 2019 |
| £162,500 | 23 Feb 2004 |
| £96,000 | 27 Apr 2001 |
| £82,000 | 14 Apr 2000 |
| £70,250 | 27 Feb 1998 |
| Terraced |
| Freehold |
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 2019 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £295,000 results in an estimated price of approximately £364,468.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £295,000 | £69,468 | £364,468 |
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 | 12.125 % | £35,770 | £330,770 |
| 3 Month Average | -13.330 % | £-39,322 | £255,677 |
| 6 Month Average | 9.121 % | £26,908 | £321,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £344,019 | £338,000 | 61 SWALLOW CLOSE |
| 5 Apr 2023 | £351,788 | £348,000 | 53 SWALLOW CLOSE |
| 10 Feb 2023 | £534,640 | £535,000 | 27 SAFFRON ROAD |
| 26 Jul 2022 | £421,134 | £420,000 | 49 SWALLOW CLOSE |
| 24 Jun 2022 | £441,236 | £435,000 | LITTLE WING SAFFRON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Swallow Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Saffron Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lennox Close |
| Apr 2024 | Other theft | Under investigation | On or near Plymouth Road |
| Mar 2024 | Burglary | Under investigation | On or near Plymouth Road |