£311,517
This estimated value is based upon the latest sale price for the house of £254,000 on 7 Nov 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 |
---|---|
£254,000 | 7 Nov 2019 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2019 the House Price Index for THURROCK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £254,000 results in an estimated price of approximately £311,517.
7 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £254,000 | £57,517 | £311,517 |
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 | -59.743 % | £-151,748 | £102,251 |
3 Month Average | -2.665 % | £-6,768 | £247,231 |
6 Month Average | 10.552 % | £26,803 | £280,803 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £283,820 | £280,000 | 3 BROWNING WALK |
27 Feb 2023 | £374,748 | £375,000 | 47 MOORE AVENUE |
3 Feb 2023 | £334,775 | £335,000 | 78 BRENNAN ROAD |
18 Nov 2022 | £340,871 | £345,000 | 19 MOORE AVENUE |
22 Jul 2022 | £330,891 | £330,000 | 48 MOORE AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Aug 2019. Using an estimated price of £311,517 means this house is valued at £3,943 per sq meter (£366 per sq foot).
The average size of a house on CHESTERTON WAY is 94 sq meters (1,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wordsworth Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wordsworth Close |
Mar 2024 | Drugs | Under investigation | On or near Coleridge Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coleridge Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Austen Close |