£542,317
This estimated value is based upon the latest sale price for the house of £530,000 on 20 Oct 2023. 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 |
|---|---|
| £530,000 | 20 Oct 2023 |
| £295,000 | 16 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 October 2023 the House Price Index for THURROCK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £530,000 results in an estimated price of approximately £542,317.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £530,000 | £12,317 | £542,317 |
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 | 9.049 % | £47,960 | £577,960 |
| 3 Month Average | 4.440 % | £23,533 | £553,533 |
| 6 Month Average | -2.964 % | £-15,711 | £514,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £431,632 | £425,000 | 41 NUTBERRY AVENUE |
| 20 Oct 2023 | £542,317 | £530,000 | 26 NUTBERRY AVENUE |
| 6 Sep 2023 | £419,242 | £410,000 | 35 NUTBERRY AVENUE |
| 6 Apr 2023 | £371,957 | £365,000 | 53 LONG LANE |
| 31 Aug 2022 | £502,349 | £500,000 | 6 NUTBERRY AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Jun 2014. Using an estimated price of £542,317 means this house is valued at £6,093 per sq meter (£566 per sq foot).
The average size of a house on NUTBERRY AVENUE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waverley Gardens |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Waverley Gardens |
| Sep 2024 | Public order | Investigation complete; no suspect identified | 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 |