£384,293
This estimated value is based upon the latest sale price for the house of £315,000 on 26 Jun 2020. 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 |
|---|---|
| £315,000 | 26 Jun 2020 |
| £156,000 | 3 Feb 2006 |
| £63,000 | 29 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2020 the House Price Index for THURROCK was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £315,000 results in an estimated price of approximately £384,293.
| 26 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £315,000 | £69,293 | £384,293 |
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 | 35.306 % | £111,212 | £426,212 |
| 3 Month Average | 25.164 % | £79,266 | £394,266 |
| 6 Month Average | 22.169 % | £69,833 | £384,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £443,854 | £440,000 | 4 DUFFIELD CLOSE |
| 20 Dec 2023 | £402,364 | £390,000 | 34 DEVEREUX ROAD |
| 4 Dec 2023 | £309,511 | £300,000 | 38 DEVEREUX ROAD |
| 2 Oct 2023 | £373,483 | £365,000 | 85 DEVEREUX ROAD |
| 6 Sep 2023 | £344,596 | £337,000 | 2 COURTENAY DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Feb 2017. Using an estimated price of £384,294 means this house is valued at £6,862 per sq meter (£637 per sq foot).
The average size of a house on DEVEREUX ROAD is 60 sq meters (647 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devereux Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Devereux Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Courtenay Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Courtenay Drive |