£392,444
This estimated value is based upon the latest sale price for the house of £317,500 on 6 Sep 2019. 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 |
---|---|
£317,500 | 6 Sep 2019 |
£192,995 | 16 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 September 2019 the House Price Index for THURROCK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £317,500 results in an estimated price of approximately £392,444.
6 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £317,500 | £74,944 | £392,444 |
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 | -15.692 % | £-49,821 | £267,678 |
3 Month Average | 30.934 % | £98,215 | £415,715 |
6 Month Average | 24.715 % | £78,471 | £395,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £280,000 | £280,000 | 15 CHESTERTON WAY |
6 Oct 2023 | £332,553 | £325,000 | 5 MOORE AVENUE |
6 Oct 2023 | £301,856 | £295,000 | 14 CHESTERTON WAY |
31 Mar 2023 | £286,789 | £282,000 | 3 MOORE AVENUE |
27 Feb 2023 | £352,354 | £350,000 | 8 SOUTHEY WALK |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 18 Oct 2021. Using an estimated price of £392,445 means this house is valued at £3,633 per sq meter (£337 per sq foot).
The average size of a house on BRENNAN ROAD is 83 sq meters (895 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Under investigation | On or near Brennan Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennyson Walk |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennyson Walk |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tennyson Walk |