£439,999
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Dec 2017. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £350,000 | 15 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in December 2017 the House Price Index for KENT was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £350,000 results in an estimated price of approximately £439,999.
| 15 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £350,000 | £89,999 | £439,999 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | -56.647 % | £-198,264 | £151,735 |
| 3 Month Average | -14.907 % | £-52,176 | £297,823 |
| 6 Month Average | 14.882 % | £52,087 | £402,087 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £320,610 | £315,000 | 6 RUSSELL ROAD |
| 15 Aug 2023 | £325,851 | £323,000 | 26 BRUNSWICK WALK |
| 14 Aug 2023 | £302,648 | £300,000 | 15 NORFOLK ROAD |
| 30 Jun 2023 | £300,642 | £297,000 | 17 ST JOHNS ROAD |
| 18 Nov 2022 | £444,614 | £450,000 | 40 PROSPECT PLACE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 29 Jan 2009. Using an estimated price of £439,999 means this house is valued at £4,398 per sq meter (£408 per sq foot).
The average size of a house on PROSPECT PLACE is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near St John'S Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St John'S Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |