£358,930
This estimated value is based upon the latest sale price for the house of £65,000 on 4 Sep 1996. 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 |
---|---|
£65,000 | 4 Sep 1996 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 September 1996 the House Price Index for KENT was 26.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 452.201%.Applying this 452.201% change to the original purchase price of £65,000 results in an estimated price of approximately £358,930.
4 Sep 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.9 | 148.6 | 452.201 % | £65,000 | £293,930 | £358,930 |
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 | 120.749 % | £78,486 | £143,486 |
3 Month Average | 294.153 % | £191,199 | £256,199 |
6 Month Average | 436.523 % | £283,739 | £348,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £394,782 | £390,000 | 370 ROCHESTER ROAD |
23 Mar 2023 | £363,424 | £360,000 | 133 BARR ROAD |
17 Mar 2023 | £406,328 | £402,500 | 362 ROCHESTER ROAD |
22 Jul 2022 | £441,188 | £440,000 | 235 ROCHESTER ROAD |
29 Sep 2021 | £355,606 | £330,000 | 137 BARR ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 Aug 2013. Using an estimated price of £358,931 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on ROCHESTER ROAD is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oxford Close |