£456,537
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Feb 1998. 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 |
|---|---|
| £95,000 | 19 Feb 1998 |
| £82,000 | 27 Jul 1995 |
| 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 February 1998 the House Price Index for THURROCK was 30.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 380.566%.Applying this 380.566% change to the original purchase price of £95,000 results in an estimated price of approximately £456,537.
| 19 Feb 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.9 | 148.6 | 380.566 % | £95,000 | £361,537 | £456,537 |
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 | 403.598 % | £383,418 | £478,418 |
| 3 Month Average | 278.655 % | £264,722 | £359,722 |
| 6 Month Average | 346.640 % | £329,307 | £424,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £424,571 | £420,000 | 6 CHANCE CLOSE |
| 28 Feb 2023 | £314,788 | £315,000 | 17 BULL CLOSE |
| 27 Feb 2023 | £437,206 | £437,500 | APPLEBEE CLIFFORD ROAD |
| 14 Nov 2022 | £318,640 | £322,500 | 15 BONNER WALK |
| 12 Sep 2022 | £406,716 | £410,000 | 20 CHANCE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Bull Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bull Close |
| Mar 2024 | Drugs | Local resolution | On or near Bull Close |
| Jan 2024 | Anti-social behaviour | On or near Bull Close | |
| Jan 2024 | Anti-social behaviour | On or near Bull Close |