£500,288
This estimated value is based upon the latest sale price for the house of £271,000 on 22 Jun 2005. 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 |
|---|---|
| £271,000 | 22 Jun 2005 |
| £271,000 | 29 Apr 2005 |
| £204,500 | 13 Sep 2001 |
| £114,000 | 25 Jul 1997 |
| Detached |
| 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 2005 the House Price Index for THURROCK was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £271,000 results in an estimated price of approximately £500,288.
| 22 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £271,000 | £229,288 | £500,288 |
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 | 78.033 % | £211,470 | £482,470 |
| 3 Month Average | 44.600 % | £120,866 | £391,866 |
| 6 Month Average | 68.699 % | £186,173 | £457,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £657,970 | £650,000 | 51 CATHARINE CLOSE |
| 11 Aug 2022 | £708,094 | £710,000 | 66 CATHARINE CLOSE |
| 15 Sep 2021 | £452,589 | £420,000 | 20 CATHARINE CLOSE |
| 13 Jan 2021 | £536,421 | £470,000 | 15 CATHARINE CLOSE |
| 21 Oct 2020 | £504,426 | £430,000 | 39 CATALINA AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catharine Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bark Burr Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near A1012 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near A1012 |
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near A1012 |