£111,868
This estimated value is based upon the latest sale price for the house of £110,000 on 20 Mar 2023. 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 |
---|---|
£110,000 | 20 Mar 2023 |
£95,000 | 14 Sep 2018 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 March 2023 the House Price Index for KENT was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £110,000 results in an estimated price of approximately £111,868.
20 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £110,000 | £1,868 | £111,868 |
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 | -32.463 % | £-35,709 | £74,290 |
3 Month Average | -13.206 % | £-14,526 | £95,473 |
6 Month Average | -13.094 % | £-14,402 | £95,597 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £393,678 | £385,000 | 41 FENNERS MARSH |
20 Mar 2023 | £111,868 | £110,000 | 69 CULVERS COURT FENNERS MARSH |
27 Jun 2022 | £77,660 | £76,000 | 104 CULVERS COURT FENNERS MARSH |
23 Jun 2022 | £388,300 | £380,000 | 21 MARSH VIEW |
3 May 2022 | £218,184 | £212,500 | 64 CULVERS COURT FENNERS MARSH |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 Mar 2018. Using an estimated price of £111,868 means this house is valued at £1,598 per sq meter (£148 per sq foot).
The average size of a house on FENNERS MARSH is 65 sq meters (706 sq feet).