£603,353
This estimated value is based upon the latest sale price for the house of £530,000 on 21 May 2021. 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 |
---|---|
£530,000 | 21 May 2021 |
£300,000 | 14 Oct 2005 |
£331,995 | 4 Dec 2002 |
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 May 2021 the House Price Index for THURROCK was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £530,000 results in an estimated price of approximately £603,353.
21 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 149.7 | 13.840 % | £530,000 | £73,353 | £603,353 |
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 | 13.880 % | £73,561 | £603,561 |
3 Month Average | 19.743 % | £104,636 | £634,636 |
6 Month Average | 7.458 % | £39,526 | £569,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2022 | £658,763 | £635,000 | 2 SAN MARCOS DRIVE |
6 Sep 2021 | £412,516 | £380,000 | 6 HODGES CLOSE |
21 May 2021 | £603,354 | £530,000 | 13 HATFIELD ROAD |
10 Nov 2020 | £716,820 | £613,750 | 66 NORFOLK PLACE |
18 Sep 2020 | £669,856 | £560,000 | 46 NORFOLK PLACE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hatfield Road |
Sep 2024 | Robbery | Under investigation | On or near Santiago Way |
Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Norfolk Place |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Place |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Place |