£320,286
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 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £267,000 results in an estimated price of approximately £320,286.
| 4 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £267,000 | £53,286 | £320,286 |
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 | -5.593 % | £-14,932 | £252,067 |
| 3 Month Average | 44.674 % | £119,280 | £386,280 |
| 6 Month Average | 16.135 % | £43,080 | £310,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £647,245 | £635,000 | 245 LODGE LANE |
| 16 Jun 2023 | £352,861 | £350,000 | 158 LENTHALL AVENUE |
| 30 Sep 2022 | £428,291 | £433,500 | 26 ORCHARD DRIVE |
| 15 Jul 2022 | £314,575 | £315,000 | 202 LODGE LANE |
| 27 May 2022 | £636,968 | £627,500 | 236 LODGE LANE |
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 £320,286 means this house is valued at £3,681 per sq meter (£342 per sq foot).
The average size of a house on LENTHALL AVENUE is 76 sq meters (820 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Albemarle Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albemarle Close |