£373,628
This estimated value is based upon the latest sale price for the house of £279,995 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
Price Paid | Date |
---|---|
£279,995 | 31 Oct 2016 |
£173,000 | 13 Nov 2006 |
£98,000 | 11 Apr 2001 |
Semi-Detached |
Freehold |
Floor Area: 52 sq meters or 559 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 October 2016 the House Price Index for THURROCK was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £279,995 results in an estimated price of approximately £373,628.
31 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £279,995 | £93,633 | £373,628 |
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 | 62.154 % | £174,028 | £454,023 |
3 Month Average | 17.635 % | £49,376 | £329,371 |
6 Month Average | 22.319 % | £62,493 | £342,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £410,000 | £410,000 | 10 BONNER WALK |
4 Mar 2024 | £340,227 | £335,000 | 2 ADVICE AVENUE |
13 Oct 2023 | £322,321 | £315,000 | 40 BULL CLOSE |
9 Oct 2023 | £624,176 | £610,000 | 32 ADVICE AVENUE |
28 Feb 2023 | £317,118 | £315,000 | 17 BULL CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 28 Apr 2016. Using an estimated price of £373,628 means this house is valued at £7,185 per sq meter (£667 per sq foot).
The average size of a house on BULL CLOSE is 64 sq meters (697 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Bull Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bull Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Advice Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Advice Avenue |
May 2024 | Possession of weapons | Awaiting court outcome | On or near Advice Avenue |