£412,239
This estimated value is based upon the latest sale price for the house of £335,000 on 27 Aug 2019. 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 |
|---|---|
| £335,000 | 27 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2019 the House Price Index for THURROCK was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £335,000 results in an estimated price of approximately £412,239.
| 27 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £335,000 | £77,239 | £412,239 |
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 | 15.294 % | £51,236 | £386,236 |
| 3 Month Average | -10.096 % | £-33,822 | £301,177 |
| 6 Month Average | 5.690 % | £19,061 | £354,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £506,131 | £500,000 | 6 LEVER SQUARE |
| 30 Jun 2023 | £480,824 | £475,000 | 118 RIVER VIEW |
| 10 Feb 2023 | £464,687 | £465,000 | 68 RIVER VIEW |
| 27 Jan 2023 | £383,195 | £385,000 | 52 RUSKIN ROAD |
| 20 Jun 2022 | £344,874 | £340,000 | 17 RUSKIN ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 27 Feb 2019. Using an estimated price of £412,239 means this house is valued at £3,852 per sq meter (£357 per sq foot).
The average size of a house on RIVER VIEW is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Awaiting court outcome | On or near Meredith Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meredith Road |
| Jan 2024 | Anti-social behaviour | On or near Meredith Road | |
| Jan 2024 | Anti-social behaviour | On or near Meredith Road | |
| Jan 2024 | Anti-social behaviour | On or near Meredith Road |