£343,144
This estimated value is based upon the latest sale price for the house of £227,500 on 7 Nov 2014. 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 |
|---|---|
| £227,500 | 7 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2014 the House Price Index for KENT was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £227,500 results in an estimated price of approximately £343,144.
| 7 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £227,500 | £115,644 | £343,144 |
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 | 23.782 % | £54,104 | £281,604 |
| 3 Month Average | 51.823 % | £117,896 | £345,396 |
| 6 Month Average | 49.564 % | £112,757 | £340,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2023 | £359,728 | £353,000 | 12 ABBEY ROAD |
| 29 Jul 2022 | £282,834 | £280,000 | 84 ABBEY ROAD |
| 18 Mar 2022 | £214,006 | £205,000 | 20 PARKWOODS ROCHESTER ROAD |
| 29 Oct 2021 | £367,841 | £330,000 | 70 ROCHESTER ROAD |
| 22 Jul 2021 | £387,854 | £335,000 | 79 ABBEY ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 May 2014. Using an estimated price of £343,144 means this house is valued at £4,399 per sq meter (£408 per sq foot).
The average size of a house on ROCHESTER ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gerald Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerald Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerald Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gerald Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Denton Court Road |