£313,123
This estimated value is based upon the latest sale price for the house of £260,000 on 10 Jul 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £260,000 | 10 Jul 2020 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 July 2020 the House Price Index for THURROCK was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £260,000 results in an estimated price of approximately £313,123.
| 10 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £260,000 | £53,123 | £313,123 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | -20.364 % | £-52,945 | £207,054 |
| 3 Month Average | 8.084 % | £21,019 | £281,019 |
| 6 Month Average | 5.879 % | £15,284 | £275,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £323,470 | £325,000 | 11 HUME AVENUE |
| 15 Feb 2023 | £328,447 | £330,000 | 21 THE BEECHES |
| 20 Jan 2023 | £431,212 | £435,000 | 46 BRUNEL CLOSE |
| 12 Aug 2022 | £327,785 | £330,000 | 9 THE BEECHES |
| 10 Aug 2022 | £268,188 | £270,000 | 44 MONARCH CLOSE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 8 Apr 2019. Using an estimated price of £313,123 means this house is valued at £3,640 per sq meter (£338 per sq foot).
The average size of a house on BOWN CLOSE is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Bown Close | |
| Jan 2024 | Anti-social behaviour | On or near Bown Close | |
| Jan 2024 | Anti-social behaviour | On or near Bown Close | |
| Jan 2024 | Anti-social behaviour | On or near Bown Close | |
| Jan 2024 | Anti-social behaviour | On or near Bown Close |