£211,291
This estimated value is based upon the latest sale price for the house of £200,000 on 11 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 |
|---|---|
| £200,000 | 11 Feb 2022 |
| £66,000 | 13 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 £200,000 results in an estimated price of approximately £211,291.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £200,000 | £11,291 | £211,291 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | -13.197 % | £-26,393 | £173,606 |
| 3 Month Average | -16.238 % | £-32,475 | £167,524 |
| 6 Month Average | -5.535 % | £-11,070 | £188,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £383,793 | £372,000 | 34 JOSLING CLOSE |
| 20 Oct 2023 | £414,412 | £405,000 | 7 JOSLING CLOSE |
| 12 Aug 2022 | £226,057 | £225,000 | 4 JOSLING CLOSE |
| 11 Feb 2022 | £211,291 | £200,000 | 27 JOSLING CLOSE |
| 24 Sep 2021 | £217,114 | £200,000 | 2 JOSLING CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 21 May 2019. Using an estimated price of £211,291 means this house is valued at £3,986 per sq meter (£370 per sq foot).
The average size of a house on JOSLING CLOSE is 57 sq meters (622 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Josling Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Josling Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Goldace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Goldace |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldace |