£175,873
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £125,000 | 30 Oct 2015 |
| £88,000 | 21 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in October 2015 the House Price Index for KENT was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £125,000 results in an estimated price of approximately £175,873.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £125,000 | £50,873 | £175,873 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | -41.820 % | £-52,275 | £72,724 |
| 3 Month Average | 1.247 % | £1,558 | £126,558 |
| 6 Month Average | 37.161 % | £46,450 | £171,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Dec 2020 | £185,930 | £162,000 | FLAT 67 AURORA COURT ROMULUS ROAD |
| 11 Dec 2020 | £190,520 | £166,000 | 4 VENTURE COURT CANAL ROAD |
| 7 Oct 2020 | £322,598 | £275,000 | 2 ALBION ROAD |
| 6 Mar 2020 | £195,119 | £162,000 | FLAT 20 AURORA COURT ROMULUS ROAD |
| 6 Mar 2020 | £195,119 | £162,000 | FLAT 14 AURORA COURT ROMULUS ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Apr 2019. Using an estimated price of £175,873 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on ROMULUS ROAD is 53 sq meters (580 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Romulus Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Romulus Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romulus Road |