£338,860
This estimated value is based upon the latest sale price for the house of £270,000 on 26 Jan 2018. 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 |
|---|---|
| £270,000 | 26 Jan 2018 |
| £124,000 | 6 Sep 2002 |
| £47,500 | 19 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 813 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 January 2018 the House Price Index for THURROCK was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £270,000 results in an estimated price of approximately £338,860.
| 26 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £270,000 | £68,860 | £338,860 |
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 | 36.267 % | £97,919 | £367,919 |
| 3 Month Average | -7.085 % | £-19,128 | £250,871 |
| 6 Month Average | 9.407 % | £25,399 | £295,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £436,285 | £431,000 | 24 RUSKIN ROAD |
| 6 Mar 2023 | £434,090 | £430,000 | 12 LYTTON ROAD |
| 27 Jan 2023 | £383,195 | £385,000 | 52 RUSKIN ROAD |
| 20 Jun 2022 | £344,874 | £340,000 | 17 RUSKIN ROAD |
| 12 May 2022 | £346,529 | £340,000 | 5 RUSKIN ROAD |
This house has a floor area of 75 sq meters or 813 sq feet when measured on 25 Feb 2012. Using an estimated price of £338,861 means this house is valued at £4,482 per sq meter (£416 per sq foot).
The average size of a house on RUSKIN ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ruskin Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Ruskin Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Scott Road |