£447,912
This estimated value is based upon the latest sale price for the house of £415,000 on 16 Dec 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 |
|---|---|
| £415,000 | 16 Dec 2021 |
| £230,000 | 26 Sep 2003 |
| Detached |
| Freehold |
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 December 2021 the House Price Index for THURROCK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £415,000 results in an estimated price of approximately £447,912.
| 16 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £415,000 | £32,912 | £447,912 |
The Postcode Pricing Model uses changes in average sales price within the RM16 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 | 25.083 % | £104,093 | £519,093 |
| 3 Month Average | 7.370 % | £30,584 | £445,584 |
| 6 Month Average | 7.152 % | £29,682 | £444,682 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2023 | £250,010 | £245,000 | 16 JOHN WILLIAM CLOSE |
| 27 Mar 2023 | £213,567 | £210,000 | 7 PHILIP SIDNEY COURT PHILIP SIDNEY ROAD |
| 3 Mar 2023 | £254,241 | £249,995 | 28 JOHN WILLIAM CLOSE |
| 9 Jun 2022 | £258,526 | £253,000 | 17 PHILIP SIDNEY COURT PHILIP SIDNEY ROAD |
| 7 Mar 2022 | £243,758 | £233,500 | 3 PHILIP SIDNEY COURT PHILIP SIDNEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hopewell Close |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Hopewell Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Philip Sydney Road |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mill Lane |
| Apr 2024 | Anti-social behaviour | On or near Mill Lane |