£245,688
This estimated value is based upon the latest sale price for the house of £146,000 on 6 Aug 2008. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £146,000 | 6 Aug 2008 |
| 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 August 2008 the House Price Index for THURROCK was 88.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.280%.Applying this 68.280% change to the original purchase price of £146,000 results in an estimated price of approximately £245,688.
| 6 Aug 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 148.6 | 68.280 % | £146,000 | £99,688 | £245,688 |
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 | 87.856 % | £128,269 | £274,269 |
| 3 Month Average | 47.990 % | £70,065 | £216,065 |
| 6 Month Average | 65.671 % | £95,879 | £241,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £299,025 | £295,000 | 49 FURNESS CLOSE |
| 30 Jun 2023 | £328,985 | £325,000 | 42 GIFFORDSIDE |
| 1 Feb 2023 | £283,309 | £283,500 | 22 FURNESS CLOSE |
| 19 Aug 2022 | £329,114 | £330,000 | 30 ST JOHNS ROAD |
| 22 Jul 2022 | £321,866 | £321,000 | 48 GIFFORDSIDE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 5 Jun 2013. Using an estimated price of £245,689 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on FURNESS CLOSE is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Furness Close | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Furness Close |
| Feb 2024 | Anti-social behaviour | On or near Furness Close | |
| Feb 2024 | Anti-social behaviour | On or near Furness Close | |
| Feb 2024 | Anti-social behaviour | On or near Furness Close |