£497,833
This estimated value is based upon the latest sale price for the house of £332,500 on 3 Nov 2014. 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 |
|---|---|
| £332,500 | 3 Nov 2014 |
| £269,995 | 16 Dec 2005 |
| 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 November 2014 the House Price Index for THURROCK was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £332,500 results in an estimated price of approximately £497,833.
| 3 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £332,500 | £165,333 | £497,833 |
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 | 68.584 % | £228,041 | £560,541 |
| 3 Month Average | 29.017 % | £96,480 | £428,980 |
| 6 Month Average | 53.027 % | £176,313 | £508,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £394,782 | £390,000 | 10 WINGFIELD DRIVE |
| 21 Apr 2023 | £181,959 | £180,000 | 11 HEW WATT CLOSE |
| 16 Mar 2023 | £393,709 | £390,000 | 12 ROWLEY ROAD |
| 3 Mar 2023 | £449,232 | £445,000 | 4 HEW WATT CLOSE |
| 28 Feb 2023 | £469,684 | £470,000 | 2 RUTLEDGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rutledge Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hew Watt Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hew Watt Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hew Watt Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hew Watt Close |