£352,085
This estimated value is based upon the latest sale price for the house of £285,000 on 27 Mar 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 |
|---|---|
| £285,000 | 27 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 March 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 23.539%.Applying this 23.539% change to the original purchase price of £285,000 results in an estimated price of approximately £352,085.
| 27 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £285,000 | £67,085 | £352,085 |
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 | 20.041 % | £57,117 | £342,117 |
| 3 Month Average | 1.144 % | £3,261 | £288,261 |
| 6 Month Average | 13.429 % | £38,273 | £323,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2023 | £353,810 | £350,000 | 5 ST STEPHENS CRESCENT |
| 31 Mar 2023 | £353,329 | £350,000 | 8 ST STEPHENS CRESCENT |
| 19 Jan 2023 | £333,429 | £335,000 | 7 ST STEPHENS CRESCENT |
| 4 Nov 2022 | £421,890 | £427,000 | 1 MERTON PLACE |
| 10 Jun 2022 | £360,089 | £355,000 | 5 CAMBRIDGE GARDENS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 12 Oct 2018. Using an estimated price of £352,086 means this house is valued at £3,143 per sq meter (£292 per sq foot).
The average size of a house on OXFORD AVENUE is 109 sq meters (1,180 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Local resolution | On or near Oxford Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Oxford Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oxford Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oxford Avenue |