£353,913
This estimated value is based upon the latest sale price for the house of £335,000 on 18 Feb 2022. 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 |
|---|---|
| £335,000 | 18 Feb 2022 |
| £91,500 | 6 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 February 2022 the House Price Index for THURROCK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £335,000 results in an estimated price of approximately £353,913.
| 18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £335,000 | £18,913 | £353,913 |
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 | 23.953 % | £80,241 | £415,241 |
| 3 Month Average | 16.135 % | £54,053 | £389,053 |
| 6 Month Average | 12.358 % | £41,399 | £376,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £402,364 | £390,000 | 34 DEVEREUX ROAD |
| 4 Dec 2023 | £309,511 | £300,000 | 38 DEVEREUX ROAD |
| 24 Nov 2023 | £128,256 | £125,000 | 68 DUARTE PLACE |
| 2 Oct 2023 | £373,483 | £365,000 | 85 DEVEREUX ROAD |
| 31 Mar 2023 | £213,567 | £210,000 | 42 DUARTE PLACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 Nov 2021. Using an estimated price of £353,913 means this house is valued at £6,209 per sq meter (£576 per sq foot).
The average size of a house on DEVEREUX ROAD is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devereux Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devereux Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Douglas Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courtenay Drive |