£262,144
This estimated value is based upon the latest sale price for the house of £162,000 on 27 Apr 2007. 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 |
|---|---|
| £162,000 | 27 Apr 2007 |
| £114,995 | 20 Sep 2002 |
| £78,000 | 8 May 2001 |
| £42,250 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2007 the House Price Index for THURROCK was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £162,000 results in an estimated price of approximately £262,144.
| 27 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £162,000 | £100,144 | £262,144 |
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 | 93.263 % | £151,085 | £313,085 |
| 3 Month Average | 88.893 % | £144,007 | £306,007 |
| 6 Month Average | 73.709 % | £119,409 | £281,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2024 | £355,000 | £355,000 | 49 HATHAWAY ROAD |
| 24 May 2024 | £275,000 | £275,000 | 53 HATHAWAY ROAD |
| 9 Oct 2023 | £419,528 | £410,000 | 80 HATHAWAY ROAD |
| 9 Jan 2023 | £270,723 | £270,000 | 18 STUART ROAD |
| 6 Jan 2023 | £190,509 | £190,000 | FLAT 2 ROBERTSON COURT HATHAWAY ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 13 Nov 2013. Using an estimated price of £262,145 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on MILTON ROAD is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Milton Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfax Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |