£616,981
This estimated value is based upon the latest sale price for the house of £460,000 on 18 Aug 2016. This value is then adjusted by the current Official House Price Index for KENT 1
Get our free house price tracker.
17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
Price Paid | Date |
---|---|
£460,000 | 18 Aug 2016 |
£330,000 | 11 Dec 2009 |
Detached |
Freehold |
Floor Area: 106 sq meters or 1,144 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in August 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £460,000 results in an estimated price of approximately £616,981.
18 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £460,000 | £156,981 | £616,981 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | 4.465 % | £20,538 | £480,538 |
3 Month Average | 21.294 % | £97,952 | £557,952 |
6 Month Average | 25.254 % | £116,169 | £576,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £397,975 | £390,000 | 370 ROCHESTER ROAD |
23 Mar 2023 | £366,114 | £360,000 | 133 BARR ROAD |
1 Feb 2023 | £362,421 | £360,000 | 93 THONG LANE |
4 Mar 2022 | £430,100 | £412,000 | 77 THONG LANE |
4 Mar 2022 | £535,538 | £513,000 | 19 THONG LANE |
This house has a floor area of 106 sq meters or 1,144 sq feet when measured on 22 May 2009. Using an estimated price of £616,981 means this house is valued at £5,804 per sq meter (£539 per sq foot).
The average size of a house on THONG LANE is 106 sq meters (1,147 sq feet).