£411,640
This estimated value is based upon the latest sale price for the house of £382,000 on 9 Sep 2021. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £382,000 | 9 Sep 2021 |
| £157,500 | 23 Jul 2009 |
| £157,500 | 23 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 September 2021 the House Price Index for THURROCK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £382,000 results in an estimated price of approximately £411,640.
| 9 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £382,000 | £29,640 | £411,640 |
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 | 13.282 % | £50,738 | £432,738 |
| 3 Month Average | -12.796 % | £-48,880 | £333,119 |
| 6 Month Average | -3.134 % | £-11,973 | £370,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £575,031 | £570,000 | 42 LONG LANE |
| 24 Aug 2023 | £423,707 | £420,000 | 7 PALINS WAY |
| 17 Aug 2023 | £433,795 | £430,000 | 6 LONG LANE |
| 7 Jun 2023 | £248,004 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
| 27 Apr 2023 | £326,010 | £322,500 | 23 THORLEY ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 21 May 2021. Using an estimated price of £411,640 means this house is valued at £3,642 per sq meter (£338 per sq foot).
The average size of a house on GODDARD ROAD is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Goddard Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palins Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palins Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorley Road |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Thorley Road |