£219,736
This estimated value is based upon the latest sale price for the house of £179,000 on 24 Apr 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £179,000 | 24 Apr 2020 |
| £179,000 | 24 Apr 2020 |
| £46,250 | 28 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2020 the House Price Index for THURROCK was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £179,000 results in an estimated price of approximately £219,736.
| 24 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £179,000 | £40,736 | £219,736 |
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 | 13.433 % | £24,044 | £203,044 |
| 3 Month Average | -4.240 % | £-7,588 | £171,411 |
| 6 Month Average | 9.838 % | £17,609 | £196,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £369,475 | £365,000 | 62 RUSHDON CLOSE |
| 1 Feb 2023 | £449,697 | £450,000 | 29 RUSHDON CLOSE |
| 16 Jan 2023 | £301,082 | £302,500 | 32 RUSHDON CLOSE |
| 22 Jul 2022 | £466,255 | £465,000 | 35 ANTELOPE AVENUE |
| 25 Mar 2022 | £616,576 | £595,000 | 17 ANTELOPE AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 31 May 2019. Using an estimated price of £219,737 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on ARMADA COURT is 50 sq meters (547 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hogg Lane |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Armada Court |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hogg Lane |
| Jan 2024 | Drugs | Under investigation | On or near Hogg Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rushdon Close |