£230,361
This estimated value is based upon the latest sale price for the house of £159,995 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £159,995 | 7 Aug 2015 |
| £130,000 | 16 Feb 2007 |
| £129,995 | 22 Apr 2004 |
| £118,000 | 1 May 2003 |
| £65,000 | 14 Dec 2000 |
| £57,500 | 17 Sep 1999 |
| £45,995 | 25 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2015 the House Price Index for THURROCK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £159,995 results in an estimated price of approximately £230,361.
| 7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £159,995 | £70,366 | £230,361 |
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 | 60.862 % | £97,376 | £257,371 |
| 3 Month Average | 34.775 % | £55,637 | £215,632 |
| 6 Month Average | 40.287 % | £64,457 | £224,452 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £128,256 | £125,000 | 68 DUARTE PLACE |
| 5 Oct 2023 | £260,926 | £255,000 | 110 SACHFIELD DRIVE |
| 31 Mar 2023 | £213,567 | £210,000 | 42 DUARTE PLACE |
| 16 Sep 2022 | £254,830 | £255,000 | 103 SACHFIELD DRIVE |
| 22 Apr 2022 | £168,581 | £162,500 | 66 DUARTE PLACE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 11 Nov 2016. Using an estimated price of £230,362 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on DUARTE PLACE is 56 sq meters (606 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duarte Place |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duarte Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Duarte Place |
| May 2024 | Violence and sexual offences | Under investigation | On or near Douglas Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Douglas Close |