£216,101
This estimated value is based upon the latest sale price for the house of £218,000 on 6 Jan 2023. 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 |
|---|---|
| £218,000 | 6 Jan 2023 |
| £74,500 | 27 Jul 2001 |
| £58,000 | 9 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 567 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 January 2023 the House Price Index for THURROCK was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £218,000 results in an estimated price of approximately £216,101.
| 6 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £218,000 | £-1,898 | £216,101 |
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 | -8.323 % | £-18,144 | £199,855 |
| 3 Month Average | 16.711 % | £36,430 | £254,430 |
| 6 Month Average | -3.312 % | £-7,220 | £210,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £231,407 | £230,000 | 36 ASTLEY |
| 23 Jun 2023 | £226,839 | £225,000 | 71 ASTLEY |
| 28 Mar 2023 | £196,060 | £195,000 | 45 WHARF ROAD |
| 17 Mar 2023 | £246,332 | £245,000 | 42 ASTLEY |
| 3 Mar 2023 | £226,223 | £225,000 | 26 ASTLEY |
This house has a floor area of 52 sq meters or 567 sq feet when measured on 25 May 2011. Using an estimated price of £216,102 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on WHARF ROAD SOUTH is 61 sq meters (663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Wharf Road South | |
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near St Leonards Close |
| Apr 2024 | Anti-social behaviour | On or near St Leonards Close | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near St Leonards Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Leonards Close |