£237,397
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Feb 2018. 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 |
|---|---|
| £190,000 | 21 Feb 2018 |
| £90,000 | 19 Jul 2004 |
| £30,000 | 2 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2018 the House Price Index for THURROCK was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £190,000 results in an estimated price of approximately £237,397.
| 21 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £190,000 | £47,397 | £237,397 |
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 | -7.743 % | £-14,710 | £175,289 |
| 3 Month Average | 13.164 % | £25,012 | £215,012 |
| 6 Month Average | 10.110 % | £19,209 | £209,209 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £249,363 | £245,000 | 22 HOBART ROAD |
| 4 Sep 2023 | £288,691 | £285,000 | 40 HOBART ROAD |
| 19 Aug 2022 | £290,219 | £291,000 | 4 SYCAMORE CLOSE |
| 12 Jul 2022 | £290,783 | £290,000 | 31 SYCAMORE CLOSE |
| 31 Jan 2022 | £257,840 | £245,000 | 20 SYCAMORE CLOSE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jan 2018. Using an estimated price of £237,398 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on DARWIN ROAD is 112 sq meters (1,213 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Darwin Road |
| Apr 2024 | Anti-social behaviour | On or near Darwin Road | |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Darwin Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Darwin Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Darwin Road |