£498,180
This estimated value is based upon the latest sale price for the house of £195,000 on 3 Dec 2002. This value is then adjusted by the current Official House Price Index for THURROCK 1
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37 Orsett Road, Grays, RM17 5DS
Phone: 01375318738
| Price Paid | Date |
|---|---|
| £195,000 | 3 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,273 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 December 2002 the House Price Index for THURROCK was 58.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 155.477%.Applying this 155.477% change to the original purchase price of £195,000 results in an estimated price of approximately £498,180.
| 3 Dec 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 149.7 | 155.477 % | £195,000 | £303,180 | £498,180 |
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 | 170.512 % | £332,498 | £527,498 |
| 3 Month Average | 106.755 % | £208,172 | £403,172 |
| 6 Month Average | 118.376 % | £230,833 | £425,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 May 2024 | £475,000 | £475,000 | 80A HOGG LANE |
| 11 Dec 2023 | £412,681 | £400,000 | 68 HOGG LANE |
| 10 Nov 2023 | £461,720 | £450,000 | 25 ORCHARD DRIVE |
| 25 Aug 2023 | £580,469 | £570,000 | 42 LONG LANE |
| 17 Aug 2023 | £437,898 | £430,000 | 6 LONG LANE |
This house has a floor area of 118 sq meters or 1,273 sq feet when measured on 17 May 2010. Using an estimated price of £498,180 means this house is valued at £4,211 per sq meter (£391 per sq foot).
The average size of a house on NUTBERRY CLOSE is 194 sq meters (2,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Possession of weapons | Under investigation | On or near Nutberry Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Nutberry Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Nutberry Close |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Orchard Drive |
| May 2024 | Anti-social behaviour | On or near Orchard Drive |