£505,169
This estimated value is based upon the latest sale price for the house of £437,500 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
37 Orsett Road, Grays, RM17 5DS
Phone: 01375318738
Price Paid | Date |
---|---|
£437,500 | 6 Nov 2020 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2020 the House Price Index for THURROCK was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £437,500 results in an estimated price of approximately £505,169.
6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.0 | 15.467 % | £437,500 | £67,669 | £505,169 |
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 | 14.714 % | £64,374 | £501,874 |
3 Month Average | -16.505 % | £-72,208 | £365,291 |
6 Month Average | 1.463 % | £6,401 | £443,901 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £407,714 | £400,000 | 68 HOGG LANE |
10 Nov 2023 | £455,852 | £450,000 | 25 ORCHARD DRIVE |
25 Aug 2023 | £573,487 | £570,000 | 42 LONG LANE |
17 Aug 2023 | £432,631 | £430,000 | 6 LONG LANE |
7 Jun 2023 | £247,003 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 11 Sep 2012. Using an estimated price of £505,169 means this house is valued at £4,857 per sq meter (£451 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Nutberry Close |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1012 |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A1012 |
Jan 2024 | Drugs | Local resolution | On or near A1012 |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Goddard Road |