£503,792
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
Price Paid | Date |
---|---|
£350,000 | 31 Jul 2015 |
Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 July 2015 the House Price Index for THURROCK was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £350,000 results in an estimated price of approximately £503,792.
31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £350,000 | £153,792 | £503,792 |
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 | 36.667 % | £128,334 | £478,334 |
3 Month Average | 18.131 % | £63,459 | £413,459 |
6 Month Average | 42.578 % | £149,022 | £499,022 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £336,773 | £337,000 | 71 HAIG ROAD |
16 Feb 2023 | £419,718 | £420,000 | 4 ALMOND CLOSE |
27 Jan 2023 | £253,804 | £255,000 | 3 HAIG ROAD |
13 May 2022 | £435,200 | £427,000 | 18 ORSETT HEATH CRESCENT |
22 Apr 2022 | £411,920 | £400,000 | 11 ORSETT HEATH CRESCENT |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 6 Jan 2016. Using an estimated price of £503,792 means this house is valued at £5,476 per sq meter (£508 per sq foot).
The average size of a house on ORSETT HEATH CRESCENT is 134 sq meters (1,448 sq feet).