£272,938
This estimated value is based upon the latest sale price for the house of £205,000 on 31 Aug 2016. 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 |
|---|---|
| £205,000 | 31 Aug 2016 |
| £105,000 | 25 Nov 2005 |
| £90,000 | 9 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 621 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 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £205,000 results in an estimated price of approximately £272,938.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £205,000 | £67,938 | £272,938 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | -49.321 % | £-101,107 | £103,892 |
| 3 Month Average | 8.414 % | £17,249 | £222,249 |
| 6 Month Average | 5.410 % | £11,090 | £216,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £228,381 | £225,000 | 25 SOUTH VIEW ROAD |
| 16 Nov 2023 | £347,139 | £342,000 | 46 OAKLEY CLOSE |
| 20 Apr 2023 | £126,361 | £125,000 | 2 OAKLEY CLOSE |
| 10 Jan 2023 | £358,312 | £360,000 | 450 LONDON ROAD |
| 1 Aug 2022 | £319,141 | £320,000 | 5A SOUTH VIEW ROAD |
This house has a floor area of 57 sq meters or 621 sq feet when measured on 10 Jul 2009. Using an estimated price of £272,939 means this house is valued at £4,723 per sq meter (£438 per sq foot).
The average size of a house on LONDON ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South View Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South View Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near South View Road |