£112,324
This estimated value is based upon the latest sale price for the house of £20,000 on 23 Jul 1996. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £20,000 | 23 Jul 1996 |
| Flats/Maisonettes |
| Leasehold |
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 July 1996 the House Price Index for THURROCK was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £20,000 results in an estimated price of approximately £112,324.
| 23 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £20,000 | £92,324 | £112,324 |
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 | 455.024 % | £91,004 | £111,004 |
| 3 Month Average | 434.036 % | £86,807 | £106,807 |
| 6 Month Average | 538.070 % | £107,614 | £127,614 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £302,683 | £295,000 | 67 BANKFOOT |
| 30 Oct 2023 | £417,482 | £408,000 | 17 BANKFOOT |
| 10 Mar 2023 | £188,142 | £185,000 | 3 BERSHAM LANE |
| 13 Feb 2023 | £193,291 | £192,000 | 23 BERSHAM LANE |
| 27 Jan 2023 | £201,539 | £201,000 | 154 BANKFOOT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bersham Lane |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bersham Lane |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Bersham Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Harrap Chase |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Curling Lane |