£367,276
This estimated value is based upon the latest sale price for the house of £275,000 on 29 Jun 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £275,000 | 29 Jun 2016 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 June 2016 the House Price Index for THURROCK was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £275,000 results in an estimated price of approximately £367,276.
| 29 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £275,000 | £92,276 | £367,276 |
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 | 38.915 % | £107,017 | £382,017 |
| 3 Month Average | 8.177 % | £22,487 | £297,487 |
| 6 Month Average | 29.318 % | £80,624 | £355,624 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £332,022 | £328,000 | 14 LEVESON ROAD |
| 26 Apr 2023 | £389,190 | £385,000 | 34 GODMAN ROAD |
| 3 Mar 2023 | £350,300 | £347,000 | 113 GODMAN ROAD |
| 4 Nov 2022 | £385,332 | £390,000 | 76 GODMAN ROAD |
| 29 Jul 2022 | £321,866 | £321,000 | 39 GODMAN ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 May 2016. Using an estimated price of £367,276 means this house is valued at £4,173 per sq meter (£387 per sq foot).
The average size of a house on GODMAN ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Defoe Parade |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Defoe Parade |
| Feb 2024 | Drugs | Local resolution | On or near Defoe Parade |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Defoe Parade |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Defoe Parade |