£435,965
This estimated value is based upon the latest sale price for the house of £325,000 on 8 Jul 2016. 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 |
|---|---|
| £325,000 | 8 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 July 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £325,000 results in an estimated price of approximately £435,965.
| 8 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £325,000 | £110,965 | £435,965 |
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 | 34.020 % | £110,565 | £435,565 |
| 3 Month Average | 43.558 % | £141,562 | £466,562 |
| 6 Month Average | 38.570 % | £125,352 | £450,352 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £390,895 | £387,500 | 23 PRINCE PHILIP AVENUE |
| 8 Mar 2024 | £409,288 | £403,000 | 8 PRINCE PHILLIP AVENUE |
| 24 Aug 2023 | £427,714 | £420,000 | 7 PALINS WAY |
| 28 Oct 2022 | £348,835 | £350,000 | 5 PRINCE PHILIP AVENUE |
| 17 Aug 2022 | £336,574 | £335,000 | 22 STIFFORD CLAYS ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 Mar 2016. Using an estimated price of £435,966 means this house is valued at £4,494 per sq meter (£417 per sq foot).
The average size of a house on STIFFORD CLAYS ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grantham Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Grantham Way |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Grantham Way |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Grantham Way |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grantham Way |