£276,722
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Sep 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £225,000 | 20 Sep 2018 |
| £147,500 | 19 Apr 2013 |
| £172,500 | 30 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
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 September 2018 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £225,000 results in an estimated price of approximately £276,722.
| 20 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £225,000 | £51,722 | £276,722 |
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 | 5.575 % | £12,543 | £237,543 |
| 3 Month Average | -12.060 % | £-27,134 | £197,865 |
| 6 Month Average | 4.394 % | £9,887 | £234,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £336,136 | £335,000 | 2 ADVICE AVENUE |
| 31 Aug 2023 | £251,530 | £250,000 | 96 BRANDON CLOSE |
| 27 Mar 2023 | £512,772 | £510,000 | 9 ANDREA AVENUE |
| 24 Mar 2022 | £487,657 | £472,500 | 21 BRANDON CLOSE |
| 2 Feb 2022 | £487,763 | £467,000 | 27 BRANDON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1012 |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1012 |
| Jan 2024 | Drugs | Local resolution | On or near A1012 |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A1012 |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near A1012 |