£401,470
This estimated value is based upon the latest sale price for the house of £234,995 on 30 Jun 2010. 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 |
---|---|
£234,995 | 30 Jun 2010 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,256 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 June 2010 the House Price Index for THURROCK was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £234,995 results in an estimated price of approximately £401,470.
30 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 149.7 | 70.842 % | £234,995 | £166,475 | £401,470 |
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 | 25.487 % | £59,892 | £294,887 |
3 Month Average | 63.507 % | £149,238 | £384,233 |
6 Month Average | 110.482 % | £259,626 | £494,621 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £340,227 | £335,000 | 713 LONDON ROAD |
29 Sep 2023 | £419,242 | £410,000 | 6 THE ROOKERY |
13 Jun 2023 | £275,521 | £270,000 | 17 ESSEX ROAD |
17 Mar 2023 | £162,717 | £160,000 | 23 ESSEX ROAD |
20 May 2022 | £226,912 | £221,000 | FLAT 5 LANGTON HOUSE, 753 LONDON ROAD |
This house has a floor area of 116 sq meters or 1,256 sq feet when measured on 1 Jul 2010. Using an estimated price of £401,471 means this house is valued at £3,438 per sq meter (£319 per sq foot).
The average size of a house on THE ROOKERY is 110 sq meters (1,187 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Under investigation | On or near The Rookery |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Second Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |
Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Essex Road |
Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Essex Road |