£260,140
This estimated value is based upon the latest sale price for the house of £168,000 on 9 Jun 2014. 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 |
|---|---|
| £168,000 | 9 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 June 2014 the House Price Index for THURROCK was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £168,000 results in an estimated price of approximately £260,140.
| 9 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £168,000 | £92,140 | £260,140 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | 16.753 % | £28,145 | £196,145 |
| 3 Month Average | 86.989 % | £146,140 | £314,140 |
| 6 Month Average | 95.301 % | £160,105 | £328,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £395,027 | £385,000 | 19 ARKWRIGHT ROAD |
| 23 Aug 2023 | £330,969 | £325,000 | 22 ST CHADS ROAD |
| 11 Aug 2023 | £346,245 | £340,000 | 46 ST CHADS ROAD |
| 16 Jun 2022 | £288,160 | £282,000 | 42 CHRISTCHURCH ROAD |
| 5 May 2022 | £310,592 | £302,500 | 90 QUEBEC ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 15 Oct 2014. Using an estimated price of £260,140 means this house is valued at £3,663 per sq meter (£340 per sq foot).
The average size of a house on MANOR ROAD is 98 sq meters (1,054 sq feet).