£320,294
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
Price Paid | Date |
---|---|
£230,000 | 27 Nov 2015 |
£150,000 | 7 Jul 2006 |
£128,000 | 20 Sep 2002 |
£81,500 | 27 Nov 2000 |
£58,500 | 27 Nov 1997 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 November 2015 the House Price Index for THURROCK was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £230,000 results in an estimated price of approximately £320,294.
27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £230,000 | £90,294 | £320,294 |
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 | 30.658 % | £70,513 | £300,513 |
3 Month Average | 6.544 % | £15,050 | £245,050 |
6 Month Average | 32.036 % | £73,683 | £303,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £314,788 | £315,000 | 17 BULL CLOSE |
27 Feb 2023 | £437,206 | £437,500 | APPLEBEE CLIFFORD ROAD |
14 Nov 2022 | £318,640 | £322,500 | 15 BONNER WALK |
26 Jan 2022 | £310,460 | £295,000 | 4 BONNER WALK |
30 Sep 2021 | £414,873 | £385,000 | 50 ARK AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 Sep 2010. Using an estimated price of £320,294 means this house is valued at £6,043 per sq meter (£561 per sq foot).
The average size of a house on BULL CLOSE is 64 sq meters (697 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Bull Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bull Close |
Mar 2024 | Drugs | Local resolution | On or near Bull Close |
Jan 2024 | Anti-social behaviour | On or near Bull Close | |
Jan 2024 | Anti-social behaviour | On or near Bull Close |