£284,111
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Feb 2019. 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 |
---|---|
£230,000 | 15 Feb 2019 |
£141,500 | 24 Oct 2005 |
£70,000 | 28 Jul 2000 |
£57,500 | 22 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 February 2019 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £230,000 results in an estimated price of approximately £284,111.
15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £230,000 | £54,111 | £284,111 |
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 | 17.069 % | £39,259 | £269,259 |
3 Month Average | -1.765 % | £-4,060 | £225,939 |
6 Month Average | 10.279 % | £23,641 | £253,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £466,276 | £460,000 | 68 DRAKE ROAD |
11 Feb 2022 | £484,497 | £462,000 | 19 DRAKE ROAD |
31 Jan 2022 | £162,071 | £154,000 | 38 CELEDON CLOSE |
16 Dec 2021 | £241,060 | £225,000 | 53 CELEDON CLOSE |
28 Jun 2021 | £252,137 | £235,000 | 36 CELEDON CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 Oct 2018. Using an estimated price of £284,112 means this house is valued at £4,240 per sq meter (£393 per sq foot).
The average size of a house on CELEDON CLOSE is 66 sq meters (715 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Celedon Close |
Feb 2024 | Anti-social behaviour | On or near Drake Road | |
Feb 2024 | Anti-social behaviour | On or near Drake Road | |
Feb 2024 | Anti-social behaviour | On or near Drake Road | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Drake Road |