£466,051
This estimated value is based upon the latest sale price for the house of £350,000 on 1 Jul 2016. 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 |
|---|---|
| £350,000 | 1 Jul 2016 |
| £311,000 | 4 Jun 2014 |
| £294,995 | 30 Nov 2006 |
| Semi-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 July 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £350,000 results in an estimated price of approximately £466,051.
| 1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £350,000 | £116,051 | £466,051 |
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 | 32.385 % | £113,348 | £463,348 |
| 3 Month Average | 10.566 % | £36,981 | £386,981 |
| 6 Month Average | 29.399 % | £102,897 | £452,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £435,569 | £430,000 | 9 BONHAM DRIVE |
| 27 Feb 2023 | £276,814 | £277,000 | 7 RANDALL DRIVE |
| 2 Sep 2022 | £456,315 | £460,000 | 9 MEDBREE COURT |
| 19 Aug 2022 | £792,866 | £795,000 | 10 CASSELL CLOSE |
| 19 Aug 2022 | £299,195 | £300,000 | 33 RANDALL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Randall Drive | |
| Jan 2024 | Drugs | Local resolution | On or near Randall Drive |
| Jan 2024 | Other crime | Further action is not in the public interest | On or near Medbree Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Medbree Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hew Watt Close |