£484,376
This estimated value is based upon the latest sale price for the house of £355,000 on 8 Apr 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
Price Paid | Date |
---|---|
£355,000 | 8 Apr 2016 |
£145,000 | 26 Oct 2009 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 2016 the House Price Index for THURROCK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £355,000 results in an estimated price of approximately £484,376.
8 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 149.7 | 36.444 % | £355,000 | £129,376 | £484,376 |
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 | 55.844 % | £198,245 | £553,245 |
3 Month Average | 27.050 % | £96,028 | £451,028 |
6 Month Average | 24.060 % | £85,413 | £440,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £580,469 | £570,000 | 42 LONG LANE |
17 Aug 2023 | £437,898 | £430,000 | 6 LONG LANE |
7 Jun 2023 | £250,010 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
31 Mar 2023 | £304,530 | £299,444 | 39 GODDARD ROAD |
15 Jul 2022 | £454,555 | £450,000 | 8 WAVERLEY GARDENS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 28 Oct 2015. Using an estimated price of £484,377 means this house is valued at £5,698 per sq meter (£529 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waverley Gardens |
Jul 2024 | Other theft | Under investigation | On or near Waverley Gardens |
Jun 2024 | Possession of weapons | Under investigation | On or near Nutberry Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waverley Gardens |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Nutberry Close |