£985,241
This estimated value is based upon the latest sale price for the house of £740,000 on 31 Aug 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £740,000 | 31 Aug 2016 |
| 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 August 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £740,000 results in an estimated price of approximately £985,241.
| 31 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £740,000 | £245,241 | £985,241 |
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 | 40.572 % | £300,233 | £1,040,233 |
| 3 Month Average | 7.778 % | £57,553 | £797,553 |
| 6 Month Average | 29.330 % | £217,040 | £957,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £1,115,007 | £1,100,000 | REDBERRY RECTORY ROAD |
| 20 Jan 2023 | £398,125 | £400,000 | FLAT 2 BISHOPS COURT RECTORY ROAD |
| 2 Aug 2022 | £718,067 | £720,000 | THE POST OFFICE, 10 HIGH ROAD |
| 13 May 2022 | £407,682 | £400,000 | 29 HIGH ROAD |
| 4 Mar 2022 | £1,139,889 | £1,100,000 | EQUUS HERGA HYLL |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Herga Hyll |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Rowley Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South View |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rectory Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hew Watt Close |