£248,500
This estimated value is based upon the latest sale price for the house of £200,000 on 29 Jul 2019. 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 |
|---|---|
| £200,000 | 29 Jul 2019 |
| £105,000 | 28 Feb 2003 |
| Terraced |
| Freehold |
| Floor Area: 32 sq meters or 344 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 July 2019 the House Price Index for THURROCK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £200,000 results in an estimated price of approximately £248,500.
| 29 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £200,000 | £48,500 | £248,500 |
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 | 43.356 % | £86,711 | £286,711 |
| 3 Month Average | -3.039 % | £-6,078 | £193,921 |
| 6 Month Average | 29.139 % | £58,278 | £258,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £282,162 | £275,000 | 5 CHARLOTTE PLACE |
| 24 Aug 2023 | £290,235 | £285,000 | 17 CHAPEL CLOSE |
| 9 Feb 2023 | £332,219 | £330,000 | 13 CREDO WAY |
| 27 Jan 2023 | £327,876 | £327,000 | 21 CHAPEL CLOSE |
| 23 Jan 2023 | £317,849 | £317,000 | 44 CHAPEL CLOSE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 30 May 2012. Using an estimated price of £248,501 means this house is valued at £7,765 per sq meter (£721 per sq foot).
The average size of a house on CHARLOTTE PLACE is 51 sq meters (554 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Sandy Lane |
| Aug 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Aug 2024 | Anti-social behaviour | On or near Sandy Lane | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Lane |
| Sep 2024 | Other theft | Under investigation | On or near Credo Way |