£1,063,740
This estimated value is based upon the latest sale price for the house of £242,995 on 30 Jun 1999. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £242,995 | 30 Jun 1999 |
| Detached |
| 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 June 1999 the House Price Index for THURROCK was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £242,995 results in an estimated price of approximately £1,063,740.
| 30 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £242,995 | £820,745 | £1,063,740 |
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 | 306.078 % | £743,755 | £986,750 |
| 3 Month Average | 238.468 % | £579,464 | £822,459 |
| 6 Month Average | 298.049 % | £724,243 | £967,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £436,076 | £430,500 | 76 GRIFON ROAD |
| 25 Sep 2023 | £426,453 | £421,000 | 72 GRIFON ROAD |
| 30 Jun 2022 | £410,805 | £405,000 | 10 HAMPTON CLOSE |
| 29 Sep 2021 | £546,609 | £507,250 | 7 HEPBURN CLOSE |
| 28 Sep 2021 | £589,982 | £547,500 | 4 HAYLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Close |
| Feb 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Hepburn Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hepburn Close |
| Apr 2024 | Public order | Under investigation | On or near Kershaw Close |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Kershaw Close |