£196,152
This estimated value is based upon the latest sale price for the house of £132,000 on 19 Jan 2015. This value is then adjusted by the current Official House Price Index for KENT 1
There has been one burglary within the last year on or near Terence Close
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £132,000 | 19 Jan 2015 |
| £128,000 | 31 Mar 2010 |
| £135,000 | 31 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 777 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 January 2015 the House Price Index for KENT was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £132,000 results in an estimated price of approximately £196,152.
| 19 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £132,000 | £64,152 | £196,152 |
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 | -25.175 % | £-33,230 | £98,769 |
| 3 Month Average | 8.040 % | £10,613 | £142,613 |
| 6 Month Average | 45.924 % | £60,619 | £192,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £282,471 | £280,000 | 300 ROCHESTER ROAD |
| 26 Jun 2023 | £339,108 | £335,000 | 276 ROCHESTER ROAD |
| 3 Apr 2023 | £338,646 | £335,000 | 53F LOWER HIGHAM ROAD |
| 16 Mar 2023 | £307,901 | £305,000 | 197 ROCHESTER ROAD |
| 3 Feb 2023 | £364,755 | £365,000 | 298 ROCHESTER ROAD |
This house has a floor area of 72 sq meters or 777 sq feet when measured on 5 Jan 2010. Using an estimated price of £196,152 means this house is valued at £2,716 per sq meter (£252 per sq foot).
The average size of a house on FORGE LANE is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Terence Close | |
| Mar 2024 | Anti-social behaviour | On or near Terence Close | |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Terence Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Forge Lane |