£315,960
This estimated value is based upon the latest sale price for the house of £290,000 on 25 Nov 2021. 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 |
|---|---|
| £290,000 | 25 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2021 the House Price Index for THURROCK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £290,000 results in an estimated price of approximately £315,960.
| 25 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £290,000 | £25,960 | £315,960 |
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 | -16.651 % | £-48,288 | £241,711 |
| 3 Month Average | 15.033 % | £43,596 | £333,596 |
| 6 Month Average | 6.763 % | £19,612 | £309,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £369,376 | £360,000 | FIRS LONDON ROAD |
| 31 Oct 2023 | £281,391 | £275,000 | 7 LISTER ROAD |
| 18 Aug 2023 | £336,061 | £330,000 | 57 NEWTON ROAD |
| 30 Jun 2023 | £321,442 | £315,000 | 48 NEWTON ROAD |
| 10 Nov 2022 | £358,324 | £360,000 | 4 MONARCH CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 22 Oct 2021. Using an estimated price of £315,961 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on KELVIN ROAD is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kelvin Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kelvin Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Kelvin Road |
| Jul 2024 | Other crime | Unable to prosecute suspect | On or near Kelvin Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kelvin Road |