£369,670
This estimated value is based upon the latest sale price for the house of £300,000 on 21 May 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 |
|---|---|
| £300,000 | 21 May 2020 |
| £185,000 | 20 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 May 2020 the House Price Index for THURROCK was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £300,000 results in an estimated price of approximately £369,670.
| 21 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £300,000 | £69,670 | £369,670 |
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 | 37.156 % | £111,468 | £411,468 |
| 3 Month Average | 29.317 % | £87,950 | £387,950 |
| 6 Month Average | 19.707 % | £59,120 | £359,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £440,000 | £440,000 | 2 PALINS WAY |
| 24 Apr 2024 | £390,895 | £387,500 | 23 PRINCE PHILIP AVENUE |
| 19 Apr 2024 | £408,548 | £405,000 | 1 PALINS WAY |
| 8 Mar 2024 | £409,288 | £403,000 | 8 PRINCE PHILLIP AVENUE |
| 2 Oct 2023 | £425,668 | £416,000 | 9 PALINS WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Jan 2020. Using an estimated price of £369,671 means this house is valued at £4,349 per sq meter (£404 per sq foot).
The average size of a house on CRAMMAVILL STREET is 72 sq meters (775 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Jenningham Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jenningham Drive |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grantham Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Grantham Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Grantham Way |