£289,392
This estimated value is based upon the latest sale price for the house of £182,500 on 24 Mar 2014. 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 |
---|---|
£182,500 | 24 Mar 2014 |
£93,950 | 22 Jun 2000 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 March 2014 the House Price Index for THURROCK was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £182,500 results in an estimated price of approximately £289,392.
24 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £182,500 | £106,892 | £289,392 |
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 | 41.881 % | £76,433 | £258,933 |
3 Month Average | 52.151 % | £95,175 | £277,675 |
6 Month Average | 68.525 % | £125,058 | £307,558 |
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 |
11 Feb 2022 | £211,291 | £200,000 | 27 JOSLING CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 26 Jun 2013. Using an estimated price of £289,393 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on ARGENT STREET is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Josling Close |
Jul 2024 | Vehicle crime | Under investigation | On or near Josling Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Goldace |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Goldace |
Jun 2024 | Anti-social behaviour | On or near Goldace |