£403,450
This estimated value is based upon the latest sale price for the house of £325,000 on 2 Nov 2018. 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 |
---|---|
£325,000 | 2 Nov 2018 |
£165,000 | 23 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 November 2018 the House Price Index for THURROCK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £325,000 results in an estimated price of approximately £403,450.
2 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £325,000 | £78,450 | £403,450 |
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 | 55.670 % | £180,926 | £505,926 |
3 Month Average | 8.310 % | £27,009 | £352,009 |
6 Month Average | 7.006 % | £22,768 | £347,768 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £376,571 | £365,000 | 20 STOUR ROAD |
10 Feb 2023 | £468,127 | £465,000 | 68 RIVER VIEW |
31 Jan 2022 | £424,079 | £400,000 | 50 STOUR ROAD |
7 Jan 2022 | £348,275 | £328,500 | 49 CROUCH ROAD |
5 Nov 2021 | £370,437 | £340,000 | 32 CROUCH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 23 Dec 2014. Using an estimated price of £403,451 means this house is valued at £4,584 per sq meter (£425 per sq foot).
The average size of a house on CROUCH ROAD is 98 sq meters (1,058 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Crouch Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crouch Road |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crouch Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stour Road |
Jul 2024 | Robbery | Under investigation | On or near Chelmer Road |