£411,615
This estimated value is based upon the latest sale price for the house of £330,000 on 17 May 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
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21a Grover Walk, Stanford-le-Hope, SS17 7LP
Phone: 01375318348
| Price Paid | Date |
|---|---|
| £330,000 | 17 May 2018 |
| £116,000 | 28 Jan 2000 |
| £66,000 | 14 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 May 2018 the House Price Index for THURROCK was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £330,000 results in an estimated price of approximately £411,615.
| 17 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £330,000 | £81,615 | £411,615 |
The Postcode Pricing Model uses changes in average sales price within the SS17 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 | 4.272 % | £14,097 | £344,097 |
| 3 Month Average | 21.562 % | £71,155 | £401,155 |
| 6 Month Average | 19.616 % | £64,733 | £394,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £262,176 | £259,000 | RAINBOWS END BILLET LANE |
| 28 Apr 2023 | £505,442 | £500,000 | 140 CORRINGHAM ROAD |
| 28 Jan 2022 | £384,129 | £365,000 | 30 CONRAD ROAD |
| 21 Jan 2022 | £399,915 | £380,000 | 30 RAINBOW LANE |
| 1 Oct 2021 | £525,577 | £475,000 | 14 RAINBOW LANE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Sep 2015. Using an estimated price of £411,615 means this house is valued at £6,431 per sq meter (£597 per sq foot).
The average size of a house on RAINBOW LANE is 126 sq meters (1,365 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Rainbow Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Conrad Road |
| Feb 2024 | Anti-social behaviour | On or near Conrad Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conrad Road |
| Feb 2024 | Anti-social behaviour | On or near Conrad Road |