£369,629
This estimated value is based upon the latest sale price for the house of £360,000 on 27 May 2022. 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 |
|---|---|
| £360,000 | 27 May 2022 |
| £190,000 | 23 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 May 2022 the House Price Index for THURROCK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £360,000 results in an estimated price of approximately £369,629.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £360,000 | £9,629 | £369,629 |
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 | 17.879 % | £64,365 | £424,365 |
| 3 Month Average | 2.453 % | £8,831 | £368,831 |
| 6 Month Average | 5.156 % | £18,562 | £378,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £446,330 | £435,000 | 191 LODGE LANE |
| 16 Nov 2023 | £607,419 | £592,000 | 17 MEAD CLOSE |
| 12 Aug 2022 | £480,246 | £478,000 | 4 MEAD CLOSE |
| 27 May 2022 | £369,630 | £360,000 | 29 MEAD CLOSE |
| 25 May 2022 | £800,864 | £780,000 | 194 LODGE LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Dec 2016. Using an estimated price of £369,630 means this house is valued at £4,678 per sq meter (£434 per sq foot).
The average size of a house on MEAD CLOSE is 123 sq meters (1,330 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Conrad Close |
| Sep 2024 | Burglary | Under investigation | On or near Conrad Gardens |
| Aug 2024 | Other crime | Under investigation | On or near Conrad Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lucas Road |