£1,056,128
This estimated value is based upon the latest sale price for the house of £850,000 on 12 Jul 2019. 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 |
|---|---|
| £850,000 | 12 Jul 2019 |
| Detached |
| Freehold |
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 July 2019 the House Price Index for KENT was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £850,000 results in an estimated price of approximately £1,056,128.
| 12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £850,000 | £206,128 | £1,056,128 |
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 | -2.126 % | £-18,070 | £831,929 |
| 3 Month Average | 20.541 % | £174,594 | £1,024,594 |
| 6 Month Average | 15.488 % | £131,651 | £981,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £653,088 | £640,000 | 8 WARREN VIEW |
| 5 Apr 2023 | £275,146 | £270,000 | 2 GARDEN COTTAGES COURT LODGE |
| 9 Mar 2023 | £1,118,682 | £1,100,000 | THE OLD POLICE HOUSE TANYARD HILL |
| 5 Sep 2022 | £1,149,232 | £1,150,000 | 9 WARREN VIEW |
| 4 Apr 2022 | £399,407 | £385,000 | SMITH COTTAGE BUTCHERS HILL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Tanyard Hill |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollands Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollands Close |
| May 2024 | Anti-social behaviour | On or near Hollands Close |