£247,071
This estimated value is based upon the latest sale price for the house of £200,000 on 17 Jan 2019. 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 |
|---|---|
| £200,000 | 17 Jan 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 January 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 23.536%.Applying this 23.536% change to the original purchase price of £200,000 results in an estimated price of approximately £247,071.
| 17 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £200,000 | £47,071 | £247,071 |
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 | -20.706 % | £-41,411 | £158,588 |
| 3 Month Average | 23.184 % | £46,367 | £246,367 |
| 6 Month Average | 11.291 % | £22,582 | £222,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £249,363 | £245,000 | 22 HOBART ROAD |
| 4 Sep 2023 | £288,691 | £285,000 | 40 HOBART ROAD |
| 1 Jun 2023 | £195,873 | £193,500 | 24 LANSDOWNE COURT LANSDOWNE ROAD |
| 14 Oct 2022 | £321,538 | £325,000 | 33 TORONTO ROAD |
| 19 Aug 2022 | £290,219 | £291,000 | 4 SYCAMORE CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 27 Sep 2018. Using an estimated price of £247,071 means this house is valued at £2,715 per sq meter (£252 per sq foot).
The average size of a house on ADELAIDE ROAD is 95 sq meters (1,026 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Albany Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albany Road |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Albany Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Albany Road |
| Apr 2024 | Anti-social behaviour | On or near Hobart Road |