£344,229
This estimated value is based upon the latest sale price for the house of £301,000 on 1 Feb 2021. 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 |
|---|---|
| £301,000 | 1 Feb 2021 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 February 2021 the House Price Index for THURROCK was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £301,000 results in an estimated price of approximately £344,229.
| 1 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.9 | 149.7 | 14.362 % | £301,000 | £43,229 | £344,229 |
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 | 75.258 % | £226,527 | £527,527 |
| 3 Month Average | -0.167 % | £-501 | £300,498 |
| 6 Month Average | -2.172 % | £-6,537 | £294,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £361,096 | £350,000 | 3 RIGBY GARDENS |
| 27 Oct 2023 | £358,134 | £350,000 | 98 BRENTWOOD ROAD |
| 2 Oct 2023 | £276,275 | £270,000 | 62 FELICIA WAY |
| 2 Jun 2023 | £392,873 | £385,000 | 12 RIGBY GARDENS |
| 10 Mar 2023 | £161,022 | £158,333 | MARISCO HALL BRENTWOOD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Feb 2020. Using an estimated price of £344,230 means this house is valued at £3,956 per sq meter (£367 per sq foot).
The average size of a house on RIGBY GARDENS is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Rigby Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Rigby Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Rigby Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Rigby Gardens | |
| Jun 2024 | Anti-social behaviour | On or near Rigby Gardens |