£383,793
This estimated value is based upon the latest sale price for the house of £372,000 on 14 Dec 2023. 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 |
|---|---|
| £372,000 | 14 Dec 2023 |
| £153,000 | 30 Jul 2002 |
| £113,000 | 23 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2023 the House Price Index for THURROCK was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £372,000 results in an estimated price of approximately £383,793.
| 14 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £372,000 | £11,793 | £383,793 |
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 | -14.033 % | £-52,201 | £319,798 |
| 3 Month Average | 19.007 % | £70,705 | £442,705 |
| 6 Month Average | 2.992 % | £11,129 | £383,129 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £383,793 | £372,000 | 34 JOSLING CLOSE |
| 20 Oct 2023 | £414,412 | £405,000 | 7 JOSLING CLOSE |
| 3 Oct 2023 | £318,228 | £311,000 | MINORI ARGENT STREET |
| 12 Aug 2022 | £226,057 | £225,000 | 4 JOSLING CLOSE |
| 30 Mar 2022 | £318,400 | £305,000 | THE WILLOWS ARGENT STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Aug 2020. Using an estimated price of £383,793 means this house is valued at £5,257 per sq meter (£488 per sq foot).
The average size of a house on JOSLING CLOSE is 57 sq meters (622 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Josling Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Josling Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldace |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goldace |
| Jun 2024 | Anti-social behaviour | On or near Goldace |