£468,953
This estimated value is based upon the latest sale price for the house of £83,500 on 29 Jul 1996. 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 |
|---|---|
| £83,500 | 29 Jul 1996 |
| Detached |
| Freehold |
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 July 1996 the House Price Index for THURROCK was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £83,500 results in an estimated price of approximately £468,953.
| 29 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £83,500 | £385,453 | £468,953 |
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 | 568.755 % | £474,910 | £558,410 |
| 3 Month Average | 430.576 % | £359,530 | £443,030 |
| 6 Month Average | 444.971 % | £371,550 | £455,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Feb 2022 | £488,083 | £462,000 | 19 DRAKE ROAD |
| 18 Jun 2021 | £432,347 | £400,000 | 46 CALSHOT AVENUE |
| 7 Feb 2020 | £733,365 | £595,000 | 24 CALSHOT AVENUE |
| 10 May 2019 | £435,851 | £350,000 | 21 DRAKE ROAD |
| 12 Mar 2019 | £572,485 | £460,000 | 23 CALSHOT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Calshot Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Calshot Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Celedon Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Celedon Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cecil Avenue |