£453,781
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
There have been two burglaries within the last year on or near Grantham Way
More crime details
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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 74.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 39.625%.Applying this 39.625% change to the original purchase price of £325,000 results in an estimated price of approximately £453,781.
8 Jul 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
74.7 | 104.3 | 39.625 % | £325,000 | £128,781 | £453,781 |
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 | -1.957 % | £-6,358 | £318,641 |
3 Month Average | 40.503 % | £131,634 | £456,634 |
6 Month Average | 42.740 % | £138,905 | £463,905 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2025 | £374,700 | £365,000 | 25 PALINS WAY |
30 Aug 2024 | £462,155 | £440,000 | 2 PALINS WAY |
22 Aug 2024 | £388,630 | £370,000 | 185 CRAMMAVILL STREET |
19 Mar 2024 | £453,710 | £425,000 | 62 STIFFORD CLAYS ROAD |
8 Mar 2024 | £430,224 | £403,000 | 8 PRINCE PHILLIP AVENUE |
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 £453,782 means this house is valued at £4,678 per sq meter (£434 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 |
---|---|---|---|
Apr 2025 | Burglary | Under investigation | On or near Grantham Way |
Apr 2025 | Burglary | Investigation complete; no suspect identified | On or near Grantham Way |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Grantham Way |
Mar 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Grantham Way |
Feb 2025 | Drugs | Local resolution | On or near Grantham Way |