£384,561
This estimated value is based upon the latest sale price for the house of £225,000 on 22 Mar 2012. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £225,000 | 22 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 905 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 March 2012 the House Price Index for THURROCK was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £225,000 results in an estimated price of approximately £384,561.
| 22 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £225,000 | £159,561 | £384,561 |
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 | 105.729 % | £237,890 | £462,890 |
| 3 Month Average | 51.748 % | £116,431 | £341,431 |
| 6 Month Average | 70.029 % | £157,564 | £382,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £415,310 | £410,000 | 35 NUTBERRY AVENUE |
| 6 Apr 2023 | £368,973 | £365,000 | 53 LONG LANE |
| 31 Aug 2022 | £498,658 | £500,000 | 6 NUTBERRY AVENUE |
| 15 Jul 2022 | £315,850 | £315,000 | 202 LODGE LANE |
| 15 Jul 2022 | £451,215 | £450,000 | 8 WAVERLEY GARDENS |
This house has a floor area of 84 sq meters or 905 sq feet when measured on 21 Nov 2011. Using an estimated price of £384,562 means this house is valued at £4,572 per sq meter (£424 per sq foot).
The average size of a house on NUTBERRY AVENUE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nutberry Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Waverley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |