£260,358
This estimated value is based upon the latest sale price for the house of £70,000 on 26 Jul 2000. 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 |
---|---|
£70,000 | 26 Jul 2000 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 2000 the House Price Index for THURROCK was 40.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 271.941%.Applying this 271.941% change to the original purchase price of £70,000 results in an estimated price of approximately £260,358.
26 Jul 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 148.6 | 271.941 % | £70,000 | £190,358 | £260,358 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | 140.736 % | £98,515 | £168,515 |
3 Month Average | 292.868 % | £205,007 | £275,007 |
6 Month Average | 309.231 % | £216,461 | £286,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £329,716 | £325,500 | 26 PARK AVENUE |
11 Aug 2023 | £234,048 | £232,000 | FLAT 27 WITHAM HOUSE SCHOOLFIELD WAY |
28 Jul 2023 | £233,138 | £230,000 | FLAT 37 WITHAM HOUSE SCHOOLFIELD WAY |
17 Mar 2023 | £360,900 | £357,500 | 10 ST CLEMENTS AVENUE |
27 Oct 2022 | £217,656 | £220,000 | FLAT 13 WITHAM HOUSE SCHOOLFIELD WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 27 Feb 2017. Using an estimated price of £260,358 means this house is valued at £3,566 per sq meter (£331 per sq foot).
The average size of a house on PARK AVENUE is 114 sq meters (1,232 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
Jan 2024 | Anti-social behaviour | On or near Park Avenue | |
Feb 2024 | Other theft | Under investigation | On or near St Clement'S Avenue |
Jan 2024 | Anti-social behaviour | On or near Hilltop Road |