£240,777
This estimated value is based upon the latest sale price for the house of £130,000 on 1 Jul 2005. 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 |
|---|---|
| £130,000 | 1 Jul 2005 |
| £120,000 | 25 Apr 2003 |
| £49,000 | 18 Dec 1998 |
| £48,000 | 11 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 July 2005 the House Price Index for THURROCK was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £130,000 results in an estimated price of approximately £240,777.
| 1 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £130,000 | £110,777 | £240,777 |
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 | 136.599 % | £177,578 | £307,578 |
| 3 Month Average | 71.644 % | £93,137 | £223,137 |
| 6 Month Average | 69.617 % | £90,501 | £220,501 |
| 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 49 sq meters or 527 sq feet when measured on 12 Sep 2019. Using an estimated price of £240,778 means this house is valued at £4,913 per sq meter (£456 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 |