£171,631
This estimated value is based upon the latest sale price for the house of £135,000 on 23 Oct 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £135,000 | 23 Oct 2017 |
| £37,000 | 27 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 419 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 October 2017 the House Price Index for THURROCK was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £135,000 results in an estimated price of approximately £171,631.
| 23 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £135,000 | £36,631 | £171,631 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | 28.129 % | £37,973 | £172,973 |
| 3 Month Average | 30.055 % | £40,574 | £175,574 |
| 6 Month Average | 41.264 % | £55,706 | £190,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2022 | £199,069 | £200,000 | 48 PARSONAGE ROAD |
| 7 Apr 2022 | £105,817 | £102,000 | 82 PORTER CLOSE |
| 27 Sep 2021 | £137,867 | £127,000 | 80 PORTER CLOSE |
| 15 Dec 2020 | £183,837 | £159,000 | 26 PORTER CLOSE |
| 18 Aug 2020 | £211,390 | £175,000 | 91 PORTER CLOSE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 11 Feb 2017. Using an estimated price of £171,631 means this house is valued at £4,400 per sq meter (£408 per sq foot).
The average size of a house on PORTER CLOSE is 42 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Porter Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Porter Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Porter Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Porter Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porter Close |