£336,714
This estimated value is based upon the latest sale price for the house of £276,000 on 25 Jun 2020. 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 |
---|---|
£276,000 | 25 Jun 2020 |
£208,995 | 28 Aug 2015 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2020 the House Price Index for THURROCK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £276,000 results in an estimated price of approximately £336,714.
25 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £276,000 | £60,714 | £336,714 |
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 | 80.701 % | £222,736 | £498,736 |
3 Month Average | 5.553 % | £15,327 | £291,327 |
6 Month Average | 56.424 % | £155,730 | £431,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £417,531 | £410,000 | 12 CHASE WAY |
18 Aug 2023 | £250,009 | £245,500 | 30 THE CHASE |
20 Jan 2023 | £276,739 | £276,000 | 35 THE CHASE |
4 Oct 2022 | £251,161 | £252,000 | 9 GUMLEY ROAD |
3 May 2022 | £195,082 | £190,000 | 25 THE CHASE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Aug 2015. Using an estimated price of £336,714 means this house is valued at £4,951 per sq meter (£460 per sq foot).
The average size of a house on CHASE WAY is 103 sq meters (1,118 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near The Chase |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Chase |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Chase |
May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Foxton Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gumley Close |