£417,303
This estimated value is based upon the latest sale price for the house of £214,995 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £214,995 | 20 Aug 2004 |
| £93,500 | 26 Feb 1999 |
| Terraced |
| Freehold |
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 August 2004 the House Price Index for THURROCK was 77.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 94.099%.Applying this 94.099% change to the original purchase price of £214,995 results in an estimated price of approximately £417,303.
| 20 Aug 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 149.7 | 94.099 % | £214,995 | £202,308 | £417,303 |
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 | 152.601 % | £328,085 | £543,080 |
| 3 Month Average | 86.076 % | £185,058 | £400,053 |
| 6 Month Average | 89.461 % | £192,336 | £407,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £348,715 | £338,000 | 61 SWALLOW CLOSE |
| 5 Apr 2023 | £354,633 | £348,000 | 53 SWALLOW CLOSE |
| 10 Feb 2023 | £538,598 | £535,000 | 27 SAFFRON ROAD |
| 26 Jul 2022 | £424,251 | £420,000 | 49 SWALLOW CLOSE |
| 24 Jun 2022 | £444,502 | £435,000 | LITTLE WING SAFFRON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Swallow Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Saffron Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Saffron Road |
| Jul 2024 | Other crime | Under investigation | On or near Mary Rose Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Mary Rose Close |