£224,521
This estimated value is based upon the latest sale price for the house of £165,000 on 31 Mar 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 |
---|---|
£165,000 | 31 Mar 2016 |
£120,000 | 7 May 2015 |
£101,000 | 29 Dec 2005 |
£89,995 | 15 Aug 2003 |
£33,000 | 17 Sep 1999 |
Terraced |
Freehold |
Floor Area: 40 sq meters or 434 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 2016 the House Price Index for THURROCK was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £165,000 results in an estimated price of approximately £224,521.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £165,000 | £59,521 | £224,521 |
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 | -0.430 % | £-710 | £164,289 |
3 Month Average | 52.331 % | £86,345 | £251,345 |
6 Month Average | 43.302 % | £71,448 | £236,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £275,000 | £275,000 | 18 SHELLEY PLACE |
21 May 2024 | £290,000 | £290,000 | 38 THACKERAY AVENUE |
15 Aug 2023 | £229,133 | £225,000 | 42 KIPLING AVENUE |
18 Nov 2022 | £328,464 | £330,000 | 24 KIPLING AVENUE |
22 Aug 2022 | £286,339 | £285,000 | 17 THACKERAY AVENUE |
This house has a floor area of 40 sq meters or 434 sq feet when measured on 5 Oct 2010. Using an estimated price of £224,521 means this house is valued at £5,557 per sq meter (£516 per sq foot).
The average size of a house on SHELLEY PLACE is 57 sq meters (614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Shelley Place |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Shelley Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kipling Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kipling Avenue |