£265,897
This estimated value is based upon the latest sale price for the house of £225,000 on 2 Oct 2020. 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 |
---|---|
£225,000 | 2 Oct 2020 |
£165,000 | 2 Oct 2014 |
£137,500 | 23 Nov 2012 |
£140,000 | 22 Oct 2010 |
£43,500 | 29 May 1998 |
Terraced |
Freehold |
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 2020 the House Price Index for THURROCK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £225,000 results in an estimated price of approximately £265,897.
2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £225,000 | £40,897 | £265,897 |
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 | 39.760 % | £89,460 | £314,460 |
3 Month Average | 5.346 % | £12,028 | £237,028 |
6 Month Average | 2.528 % | £5,688 | £230,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £350,779 | £340,000 | 33 BANKFOOT |
29 Nov 2023 | £256,511 | £250,000 | 1 ADSTOCK WAY |
22 Sep 2023 | £332,326 | £325,000 | 25 ADSTOCK WAY |
4 Aug 2023 | £193,490 | £190,000 | 4 PAGETTE WAY |
18 Jan 2023 | £394,053 | £393,000 | 27 BANKFOOT |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pagette Way |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Prior Chase |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Harrap Chase |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harrap Chase |