£271,665
This estimated value is based upon the latest sale price for the house of £199,000 on 9 Feb 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 |
|---|---|
| £199,000 | 9 Feb 2016 |
| £115,000 | 14 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 922 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 February 2016 the House Price Index for THURROCK was 108.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 36.515%.Applying this 36.515% change to the original purchase price of £199,000 results in an estimated price of approximately £271,665.
| 9 Feb 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 148.6 | 36.515 % | £199,000 | £72,665 | £271,665 |
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 | 37.731 % | £75,083 | £274,083 |
| 3 Month Average | 6.441 % | £12,817 | £211,817 |
| 6 Month Average | 23.783 % | £47,327 | £246,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £304,093 | £300,000 | 66 FELICIA WAY |
| 30 Jun 2023 | £328,985 | £325,000 | 42 GIFFORDSIDE |
| 13 Jan 2023 | £316,011 | £317,500 | 70 FELICIA WAY |
| 28 Oct 2022 | £281,964 | £285,000 | 23 ALURIC CLOSE |
| 12 Oct 2022 | £277,017 | £280,000 | 1 FELICIA WAY |
This house has a floor area of 85 sq meters or 922 sq feet when measured on 8 Jan 2009. Using an estimated price of £271,665 means this house is valued at £3,169 per sq meter (£294 per sq foot).
The average size of a house on ALURIC CLOSE is 92 sq meters (993 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Aluric Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aluric Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Marisco Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marisco Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marisco Close |