£274,611
This estimated value is based upon the latest sale price for the house of £228,000 on 13 Mar 2020. 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 |
|---|---|
| £228,000 | 13 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2020 the House Price Index for KENT was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £228,000 results in an estimated price of approximately £274,611.
| 13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £228,000 | £46,611 | £274,611 |
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 | -54.563 % | £-124,402 | £103,597 |
| 3 Month Average | -17.677 % | £-40,304 | £187,695 |
| 6 Month Average | 7.658 % | £17,461 | £245,461 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £293,756 | £290,000 | 94 BARR ROAD |
| 23 Mar 2023 | £363,424 | £360,000 | 133 BARR ROAD |
| 10 Jun 2022 | £400,662 | £395,000 | 77 MEDHURST CRESCENT |
| 19 Apr 2022 | £375,877 | £365,000 | 2 MEDHURST GARDENS |
| 10 Jan 2022 | £320,995 | £305,010 | 12 CRUDEN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 2 Sep 2019. Using an estimated price of £274,612 means this house is valued at £3,661 per sq meter (£340 per sq foot).
The average size of a house on BOURNE ROAD is 91 sq meters (980 sq feet).
This house is the smallest in the street with a floor area of 75 sq meters (807 sq feet).