£256,994
This estimated value is based upon the latest sale price for the house of £193,000 on 25 Jul 2016. 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 |
---|---|
£193,000 | 25 Jul 2016 |
£85,000 | 27 Mar 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 July 2016 the House Price Index for KENT was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £193,000 results in an estimated price of approximately £256,994.
25 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £193,000 | £63,994 | £256,994 |
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 | -41.897 % | £-80,861 | £112,138 |
3 Month Average | -6.643 % | £-12,821 | £180,178 |
6 Month Average | 29.959 % | £57,821 | £250,821 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Jun 2023 | £131,594 | £130,000 | FLAT 9 BROADWATER HOUSE ALBION TERRACE |
18 May 2022 | £180,909 | £177,500 | APARTMENT 6 MONMOUTH COURT ROMULUS ROAD |
15 Oct 2021 | £188,101 | £170,000 | 7 VENTURE COURT CANAL ROAD |
27 Jul 2021 | £199,972 | £174,000 | 10 VENTURE COURT CANAL ROAD |
23 Jul 2021 | £252,838 | £220,000 | 15 VENTURE COURT CANAL ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 7 Feb 2013. Using an estimated price of £256,994 means this house is valued at £4,355 per sq meter (£404 per sq foot).
The average size of a house on ROMULUS ROAD is 53 sq meters (580 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Romulus Road |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Romulus Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Romulus Road |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brunswick Walk |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Brunswick Walk |