£317,148
This estimated value is based upon the latest sale price for the house of £183,000 on 4 Mar 2011. 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 |
|---|---|
| £183,000 | 4 Mar 2011 |
| £160,500 | 24 May 2003 |
| £75,995 | 9 Oct 1998 |
| 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 March 2011 the House Price Index for THURROCK was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £183,000 results in an estimated price of approximately £317,148.
| 4 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £183,000 | £134,148 | £317,148 |
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 | 62.675 % | £114,694 | £297,694 |
| 3 Month Average | 82.839 % | £151,595 | £334,595 |
| 6 Month Average | 75.530 % | £138,220 | £321,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £251,381 | £245,000 | SECOND FLOOR FLAT 58 LENNOX CLOSE |
| 28 Apr 2023 | £460,615 | £452,000 | 7 SWIFTSURE ROAD |
| 10 Feb 2023 | £440,946 | £438,000 | 1 SWIFTSURE ROAD |
| 27 Jan 2023 | £421,125 | £420,000 | 89 SWIFTSURE ROAD |
| 24 Jun 2022 | £365,820 | £358,000 | 75 SWIFTSURE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swiftsure Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swiftsure Road |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Flemming Road |
| Jul 2024 | Anti-social behaviour | On or near Flemming Road | |
| Jul 2024 | Anti-social behaviour | On or near Flemming Road |