£483,449
This estimated value is based upon the latest sale price for the house of £360,000 on 31 May 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £360,000 | 31 May 2016 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 sq feet |
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 May 2016 the House Price Index for THURROCK was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £360,000 results in an estimated price of approximately £483,449.
| 31 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £360,000 | £123,449 | £483,449 |
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 | 53.089 % | £191,119 | £551,119 |
| 3 Month Average | 11.554 % | £41,594 | £401,594 |
| 6 Month Average | 25.355 % | £91,277 | £451,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £415,310 | £410,000 | 35 NUTBERRY AVENUE |
| 6 Apr 2023 | £368,973 | £365,000 | 53 LONG LANE |
| 31 Aug 2022 | £498,658 | £500,000 | 6 NUTBERRY AVENUE |
| 15 Jul 2022 | £315,850 | £315,000 | 202 LODGE LANE |
| 15 Jul 2022 | £451,215 | £450,000 | 8 WAVERLEY GARDENS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Oct 2015. Using an estimated price of £483,449 means this house is valued at £5,312 per sq meter (£493 per sq foot).
The average size of a house on WAVERLEY GARDENS is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Waverley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Cobham |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |