£593,173
This estimated value is based upon the latest sale price for the house of £468,000 on 11 Sep 2017. 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 |
|---|---|
| £468,000 | 11 Sep 2017 |
| Detached |
| 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 September 2017 the House Price Index for THURROCK was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £468,000 results in an estimated price of approximately £593,173.
| 11 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £468,000 | £125,173 | £593,173 |
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 | 45.423 % | £212,581 | £680,581 |
| 3 Month Average | -0.540 % | £-2,525 | £465,474 |
| 6 Month Average | 15.065 % | £70,506 | £538,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2021 | £429,170 | £400,000 | 46 CALSHOT AVENUE |
| 13 Nov 2020 | £428,961 | £370,000 | 86 CALSHOT AVENUE |
| 14 Aug 2020 | £662,484 | £552,500 | THE CEDARS BARK BURR ROAD |
| 7 Feb 2020 | £727,977 | £595,000 | 24 CALSHOT AVENUE |
| 16 Dec 2019 | £337,360 | £275,000 | 63 CALSHOT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Calshot Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Calshot Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Catharine Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cecil Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Catharine Close |