£301,095
This estimated value is based upon the latest sale price for the house of £235,000 on 26 Jun 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £235,000 | 26 Jun 2017 |
| £120,000 | 10 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in June 2017 the House Price Index for KENT was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £235,000 results in an estimated price of approximately £301,095.
| 26 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £235,000 | £66,095 | £301,095 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | -38.724 % | £-91,001 | £143,998 |
| 3 Month Average | -7.473 % | £-17,561 | £217,438 |
| 6 Month Average | 18.660 % | £43,850 | £278,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £320,610 | £315,000 | 6 RUSSELL ROAD |
| 16 Jun 2023 | £131,594 | £130,000 | FLAT 9 BROADWATER HOUSE ALBION TERRACE |
| 18 May 2022 | £180,909 | £177,500 | APARTMENT 6 MONMOUTH COURT ROMULUS ROAD |
| 15 Oct 2021 | £188,101 | £170,000 | 7 VENTURE COURT CANAL ROAD |
| 27 Jul 2021 | £199,972 | £174,000 | 10 VENTURE COURT CANAL ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Nov 2016. Using an estimated price of £301,095 means this house is valued at £3,237 per sq meter (£300 per sq foot).
The average size of a house on ALBION TERRACE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brunswick Walk |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Brunswick Walk |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Romulus Road |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Romulus Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romulus Road |