£236,251
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Mar 2007. 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 |
---|---|
£145,000 | 5 Mar 2007 |
£36,180 | 28 Oct 2002 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 March 2007 the House Price Index for THURROCK was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.932%.Applying this 62.932% change to the original purchase price of £145,000 results in an estimated price of approximately £236,251.
5 Mar 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.932 % | £145,000 | £91,251 | £236,251 |
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 | 60.723 % | £88,048 | £233,048 |
3 Month Average | 124.270 % | £180,191 | £325,191 |
6 Month Average | 115.641 % | £167,680 | £312,680 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £286,311 | £280,000 | 183 ST CHADS ROAD |
13 Feb 2023 | £256,715 | £255,000 | 95 FEENAN HIGHWAY |
8 Nov 2022 | £368,278 | £370,000 | 190 ST CHADS ROAD |
29 Jun 2022 | £398,519 | £390,000 | 55 RAPHAEL AVENUE |
1 Mar 2022 | £313,180 | £300,000 | 11 ELGAR GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Feb 2014. Using an estimated price of £236,252 means this house is valued at £3,236 per sq meter (£300 per sq foot).
The average size of a house on MELBA GARDENS is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Melba Gardens |
Jul 2024 | Anti-social behaviour | On or near Melba Gardens | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Melba Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Melba Gardens |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Melba Gardens |