£320,999
This estimated value is based upon the latest sale price for the house of £322,500 on 14 Nov 2022. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £322,500 | 14 Nov 2022 |
| £162,500 | 8 Dec 2006 |
| £75,000 | 12 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 2022 the House Price Index for THURROCK was 150.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.465%.Applying this -0.465% change to the original purchase price of £322,500 results in an estimated price of approximately £320,999.
| 14 Nov 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 149.7 | -0.465 % | £322,500 | £-1,500 | £320,999 |
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 | 3.862 % | £12,455 | £334,955 |
| 3 Month Average | -9.542 % | £-30,774 | £291,725 |
| 6 Month Average | -6.840 % | £-22,060 | £300,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £410,000 | £410,000 | 10 BONNER WALK |
| 13 Oct 2023 | £322,321 | £315,000 | 40 BULL CLOSE |
| 27 Sep 2023 | £437,136 | £427,500 | 5 BOLEYN CLOSE |
| 27 Sep 2023 | £347,664 | £340,000 | 13 BOLEYN CLOSE |
| 28 Feb 2023 | £317,118 | £315,000 | 17 BULL CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 30 May 2017. Using an estimated price of £320,999 means this house is valued at £6,173 per sq meter (£573 per sq foot).
The average size of a house on BONNER WALK is 77 sq meters (833 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bull Close |
| Apr 2024 | Public order | Under investigation | On or near Bull Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ark Avenue |
| Jul 2024 | Public order | Under investigation | On or near Ark Avenue |
| Jul 2024 | Public order | Under investigation | On or near Ark Avenue |