£539,099
This estimated value is based upon the latest sale price for the house of £465,000 on 30 Nov 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 |
---|---|
£465,000 | 30 Nov 2020 |
£72,000 | 3 Jun 1999 |
Terraced |
Freehold |
Floor Area: 154 sq meters or 1,657 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 November 2020 the House Price Index for THURROCK was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £465,000 results in an estimated price of approximately £539,099.
30 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £465,000 | £74,099 | £539,099 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | 10.238 % | £47,605 | £512,605 |
3 Month Average | -16.574 % | £-77,068 | £387,931 |
6 Month Average | -8.613 % | £-40,052 | £424,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £370,239 | £367,000 | 140 PALMERSTON ROAD |
21 Apr 2023 | £405,365 | £401,000 | 10 MOORE AVENUE |
24 Mar 2023 | £356,862 | £353,500 | 86 MOORE AVENUE |
17 Dec 2021 | £358,911 | £335,000 | 142 PALMERSTON ROAD |
2 Dec 2021 | £356,769 | £333,000 | 148 PALMERSTON ROAD |
This house has a floor area of 154 sq meters or 1,657 sq feet when measured on 10 Sep 2014. Using an estimated price of £539,099 means this house is valued at £3,500 per sq meter (£325 per sq foot).
The average size of a house on MOORE AVENUE is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moore Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Palmerston Road |
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Palmerston Road |
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Palmerston Road |