£245,187
This estimated value is based upon the latest sale price for the house of £187,500 on 7 Oct 2016. 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 |
|---|---|
| £187,500 | 7 Oct 2016 |
| £123,000 | 24 Aug 2006 |
| £45,500 | 30 Apr 1999 |
| 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 2016 the House Price Index for THURROCK was 112.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.767%.Applying this 30.767% change to the original purchase price of £187,500 results in an estimated price of approximately £245,187.
| 7 Oct 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 146.7 | 30.767 % | £187,500 | £57,687 | £245,187 |
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 | 16.852 % | £31,597 | £219,097 |
| 3 Month Average | 2.294 % | £4,300 | £191,800 |
| 6 Month Average | 25.827 % | £48,426 | £235,926 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dudley Close |
| Mar 2024 | Other theft | Action to be taken by another organisation | On or near Dudley Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Dudley Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Dudley Close |
| Jan 2024 | Public order | Action to be taken by another organisation | On or near Dudley Close |