£456,807
This estimated value is based upon the latest sale price for the house of £375,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
Price Paid | Date |
---|---|
£375,000 | 31 Jul 2020 |
£104,995 | 18 Dec 1998 |
Semi-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 July 2020 the House Price Index for THURROCK was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £375,000 results in an estimated price of approximately £456,807.
31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £375,000 | £81,807 | £456,807 |
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 | 82.329 % | £308,731 | £683,731 |
3 Month Average | 14.239 % | £53,395 | £428,395 |
6 Month Average | 14.302 % | £53,634 | £428,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Aug 2022 | £301,409 | £300,000 | 14 RAINBOW ROAD |
30 Jun 2022 | £413,846 | £405,000 | 10 HAMPTON CLOSE |
5 May 2022 | £359,357 | £349,995 | 2 TRIUMPH CLOSE |
8 Apr 2022 | £399,407 | £385,000 | 14 KERSHAW CLOSE |
31 Jan 2022 | £540,701 | £510,000 | 6 KERSHAW CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kershaw Close |
May 2024 | Public order | Under investigation | On or near Kershaw Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Kershaw Close |
Apr 2024 | Public order | Under investigation | On or near Kershaw Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Close |