£305,095
This estimated value is based upon the latest sale price for the house of £245,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
Price Paid | Date |
---|---|
£245,000 | 31 May 2019 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 May 2019 the House Price Index for KENT was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £245,000 results in an estimated price of approximately £305,095.
31 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £245,000 | £60,095 | £305,095 |
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 | -21.173 % | £-51,875 | £193,124 |
3 Month Average | 7.908 % | £19,374 | £264,374 |
6 Month Average | 11.588 % | £28,391 | £273,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £285,143 | £280,000 | 300 ROCHESTER ROAD |
26 Jun 2023 | £341,851 | £335,000 | 276 ROCHESTER ROAD |
3 Apr 2023 | £341,385 | £335,000 | 53F LOWER HIGHAM ROAD |
17 Mar 2023 | £409,336 | £402,500 | 362 ROCHESTER ROAD |
16 Mar 2023 | £310,180 | £305,000 | 197 ROCHESTER ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 22 Mar 2019. Using an estimated price of £305,096 means this house is valued at £3,178 per sq meter (£295 per sq foot).
The average size of a house on ROCHESTER ROAD is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rochester Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Oxford Close |
Jul 2024 | Other crime | Awaiting court outcome | On or near Forge Lane |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Forge Lane |
Jun 2024 | Drugs | Awaiting court outcome | On or near Forge Lane |