£486,683
This estimated value is based upon the latest sale price for the house of £331,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £331,000 | 22 May 2015 |
| £250,000 | 17 Aug 2004 |
| Terraced |
| 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 May 2015 the House Price Index for THURROCK was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £331,000 results in an estimated price of approximately £486,683.
| 22 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £331,000 | £155,683 | £486,683 |
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 | 67.871 % | £224,652 | £555,652 |
| 3 Month Average | 64.503 % | £213,504 | £544,504 |
| 6 Month Average | 58.702 % | £194,304 | £525,304 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £419,242 | £410,000 | 35 NUTBERRY AVENUE |
| 25 Aug 2023 | £580,469 | £570,000 | 42 LONG LANE |
| 17 Aug 2023 | £437,898 | £430,000 | 6 LONG LANE |
| 7 Jun 2023 | £250,010 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
| 31 Aug 2022 | £502,349 | £500,000 | 6 NUTBERRY AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Feb 2015. Using an estimated price of £486,684 means this house is valued at £4,679 per sq meter (£434 per sq foot).
The average size of a house on WAVERLEY GARDENS is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waverley Gardens |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Waverley Gardens |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Waverley Gardens |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Waverley Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waverley Gardens |