£283,275
This estimated value is based upon the latest sale price for the house of £260,000 on 26 Nov 2021. 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 |
|---|---|
| £260,000 | 26 Nov 2021 |
| £141,500 | 31 May 2007 |
| £60,000 | 13 Jul 2001 |
| £51,000 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 November 2021 the House Price Index for THURROCK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £260,000 results in an estimated price of approximately £283,275.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £260,000 | £23,275 | £283,275 |
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 | -9.274 % | £-24,112 | £235,887 |
| 3 Month Average | 14.755 % | £38,363 | £298,363 |
| 6 Month Average | 29.707 % | £77,239 | £337,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £282,162 | £275,000 | 5 CHARLOTTE PLACE |
| 24 Aug 2023 | £290,235 | £285,000 | 17 CHAPEL CLOSE |
| 9 Feb 2023 | £332,219 | £330,000 | 13 CREDO WAY |
| 27 Jan 2023 | £327,876 | £327,000 | 21 CHAPEL CLOSE |
| 23 Jan 2023 | £317,849 | £317,000 | 44 CHAPEL CLOSE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 3 Aug 2021. Using an estimated price of £283,275 means this house is valued at £6,027 per sq meter (£559 per sq foot).
The average size of a house on CHARLOTTE PLACE is 51 sq meters (554 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Sandy Lane |
| Aug 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Aug 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Lane |
| Sep 2024 | Other theft | Under investigation | On or near Credo Way |