£216,416
This estimated value is based upon the latest sale price for the house of £175,000 on 14 Apr 2020. 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 |
|---|---|
| £175,000 | 14 Apr 2020 |
| £118,000 | 19 Dec 2005 |
| £102,500 | 21 Oct 2003 |
| £34,500 | 9 Oct 1998 |
| 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 April 2020 the House Price Index for THURROCK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £175,000 results in an estimated price of approximately £216,416.
| 14 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £175,000 | £41,416 | £216,416 |
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 | 37.534 % | £65,684 | £240,684 |
| 3 Month Average | 18.860 % | £33,004 | £208,004 |
| 6 Month Average | 8.601 % | £15,051 | £190,051 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £350,779 | £340,000 | 33 BANKFOOT |
| 29 Nov 2023 | £256,511 | £250,000 | 1 ADSTOCK WAY |
| 22 Sep 2023 | £332,326 | £325,000 | 25 ADSTOCK WAY |
| 4 Aug 2023 | £193,490 | £190,000 | 4 PAGETTE WAY |
| 18 Jan 2023 | £394,053 | £393,000 | 27 BANKFOOT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pagette Way |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Prior Chase |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harrap Chase |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrap Chase |