£604,956
This estimated value is based upon the latest sale price for the house of £271,500 on 14 Nov 2003. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £271,500 | 14 Nov 2003 |
| £171,995 | 30 Sep 1999 |
| Detached |
| Freehold |
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 November 2003 the House Price Index for THURROCK was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £271,500 results in an estimated price of approximately £604,956.
| 14 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £271,500 | £333,456 | £604,956 |
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 | 169.077 % | £459,044 | £730,544 |
| 3 Month Average | 104.120 % | £282,684 | £554,184 |
| 6 Month Average | 100.366 % | £272,494 | £543,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £376,552 | £368,000 | 24 RAINBOW ROAD |
| 5 Aug 2022 | £301,409 | £300,000 | 14 RAINBOW ROAD |
| 5 May 2022 | £359,357 | £349,995 | 2 TRIUMPH CLOSE |
| 22 Apr 2022 | £414,969 | £400,000 | 15 VICTORY CLOSE |
| 8 Apr 2022 | £399,407 | £385,000 | 14 KERSHAW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stafford Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victory Close |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Victory Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kershaw Close |
| May 2024 | Public order | Unable to prosecute suspect | On or near Kershaw Close |