£359,558
This estimated value is based upon the latest sale price for the house of £274,000 on 28 Nov 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 |
---|---|
£274,000 | 28 Nov 2016 |
£243,000 | 22 Oct 2015 |
£146,500 | 30 Nov 2012 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 733 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 November 2016 the House Price Index for THURROCK was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £274,000 results in an estimated price of approximately £359,558.
28 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.0 | 31.226 % | £274,000 | £85,558 | £359,558 |
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 | 37.051 % | £101,518 | £375,518 |
3 Month Average | 5.057 % | £13,856 | £287,856 |
6 Month Average | 21.728 % | £59,533 | £333,533 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £265,014 | £260,000 | 112 SACHFIELD DRIVE |
24 Nov 2023 | £126,626 | £125,000 | 68 DUARTE PLACE |
31 Mar 2023 | £211,141 | £210,000 | 42 DUARTE PLACE |
12 Aug 2022 | £243,356 | £245,000 | 108 SACHFIELD DRIVE |
22 Apr 2022 | £166,667 | £162,500 | 66 DUARTE PLACE |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 29 May 2009. Using an estimated price of £359,558 means this house is valued at £5,278 per sq meter (£490 per sq foot).
The average size of a house on DUARTE PLACE is 56 sq meters (606 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Duarte Place |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Duarte Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duarte Place |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Close |