£348,863
This estimated value is based upon the latest sale price for the house of £295,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near London Road
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £295,000 | 18 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 September 2020 the House Price Index for THURROCK was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £295,000 results in an estimated price of approximately £348,863.
| 18 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £295,000 | £53,863 | £348,863 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | 14.051 % | £41,451 | £336,451 |
| 3 Month Average | 18.380 % | £54,219 | £349,219 |
| 6 Month Average | 11.434 % | £33,730 | £328,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £337,050 | £335,000 | 3 PARKSIDE AVENUE |
| 31 Mar 2023 | £283,533 | £282,000 | 3 MOORE AVENUE |
| 24 Feb 2023 | £323,470 | £325,000 | 11 HUME AVENUE |
| 15 Feb 2023 | £328,447 | £330,000 | 21 THE BEECHES |
| 20 Jan 2023 | £431,212 | £435,000 | 46 BRUNEL CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Dec 2019. Using an estimated price of £348,863 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on LONDON ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near London Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near London Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near London Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |