£678,627
This estimated value is based upon the latest sale price for the house of £525,000 on 7 Apr 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Archates Avenue
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
Price Paid | Date |
---|---|
£525,000 | 7 Apr 2017 |
£485,000 | 9 Dec 2016 |
£355,000 | 19 Dec 2005 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 April 2017 the House Price Index for THURROCK was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £525,000 results in an estimated price of approximately £678,627.
7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £525,000 | £153,627 | £678,627 |
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 | 9.786 % | £51,374 | £576,374 |
3 Month Average | 8.811 % | £46,258 | £571,258 |
6 Month Average | 20.081 % | £105,423 | £630,423 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Feb 2023 | £449,697 | £450,000 | 67 HOGG LANE |
9 Jan 2023 | £270,725 | £272,000 | 113 HOGG LANE |
12 Aug 2022 | £354,047 | £355,000 | 56 ARCHATES AVENUE |
10 Jun 2022 | £319,515 | £315,000 | 79 HOGG LANE |
31 May 2022 | £540,178 | £530,000 | 60 ARCHATES AVENUE |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 4 Jul 2016. Using an estimated price of £678,627 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on ARCHATES AVENUE is 100 sq meters (1,086 sq feet).
This house is the largest in the street with a floor area of 152 sq meters (1,636 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archates Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Archates Avenue |
Jan 2024 | Burglary | Under investigation | On or near Archates Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Boleyn Close |
Jan 2024 | Anti-social behaviour | On or near Boleyn Close |