£323,965
This estimated value is based upon the latest sale price for the house of £267,000 on 4 Mar 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
Price Paid | Date |
---|---|
£267,000 | 4 Mar 2020 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 March 2020 the House Price Index for THURROCK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £267,000 results in an estimated price of approximately £323,965.
4 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £267,000 | £56,965 | £323,965 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | 6.078 % | £16,227 | £283,227 |
3 Month Average | 23.154 % | £61,821 | £328,821 |
6 Month Average | 7.644 % | £20,408 | £287,408 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £655,131 | £635,000 | 245 LODGE LANE |
22 Sep 2023 | £222,914 | £218,000 | 177 LENTHALL AVENUE |
16 Jun 2023 | £357,157 | £350,000 | 158 LENTHALL AVENUE |
14 Feb 2023 | £151,009 | £150,000 | 209 LENTHALL AVENUE |
30 Sep 2022 | £433,211 | £433,500 | 26 ORCHARD DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Oct 2019. Using an estimated price of £323,965 means this house is valued at £3,723 per sq meter (£345 per sq foot).
The average size of a house on LENTHALL AVENUE is 76 sq meters (820 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Close |
Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albemarle Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Close |
Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albemarle Close |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Close |