£287,426
This estimated value is based upon the latest sale price for the house of £149,400 on 2 Sep 2004. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £149,400 | 2 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,118 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 September 2004 the House Price Index for THURROCK was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £149,400 results in an estimated price of approximately £287,426.
| 2 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £149,400 | £138,026 | £287,426 |
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 | 103.459 % | £154,568 | £303,968 |
| 3 Month Average | 106.236 % | £158,716 | £308,116 |
| 6 Month Average | 99.972 % | £149,358 | £298,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £330,000 | £330,000 | 1 ERRINGTON CLOSE |
| 18 Dec 2023 | £345,620 | £335,000 | 1 LEVESON ROAD |
| 30 Oct 2023 | £360,692 | £352,500 | 51 CEDAR ROAD |
| 9 Jun 2023 | £334,708 | £328,000 | 14 LEVESON ROAD |
| 26 Apr 2023 | £392,338 | £385,000 | 34 GODMAN ROAD |
This house has a floor area of 103 sq meters or 1,118 sq feet when measured on 29 Jul 2009. Using an estimated price of £287,427 means this house is valued at £2,765 per sq meter (£256 per sq foot).
There is one other house on the street which we know the size of, this is 3 ERRINGTON CLOSE it is 124.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Errington Close | |
| Jul 2024 | Anti-social behaviour | On or near Errington Close | |
| Jul 2024 | Anti-social behaviour | On or near Errington Close | |
| Jul 2024 | Anti-social behaviour | On or near Errington Close | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedar Road |