£361,168
This estimated value is based upon the latest sale price for the house of £317,500 on 1 Apr 2021. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £317,500 | 1 Apr 2021 |
| Semi-Detached |
| Freehold |
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 April 2021 the House Price Index for THURROCK was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £317,500 results in an estimated price of approximately £361,168.
| 1 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 149.7 | 13.754 % | £317,500 | £43,668 | £361,168 |
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 | 19.268 % | £61,177 | £378,677 |
| 3 Month Average | 34.290 % | £108,870 | £426,370 |
| 6 Month Average | 9.224 % | £29,286 | £346,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £580,469 | £570,000 | 42 LONG LANE |
| 17 Aug 2023 | £437,898 | £430,000 | 6 LONG LANE |
| 7 Jun 2023 | £250,010 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
| 15 Jul 2022 | £454,555 | £450,000 | 8 WAVERLEY GARDENS |
| 19 Apr 2022 | £394,220 | £380,000 | 12 WAVERLEY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Waverley Gardens |
| Sep 2024 | Criminal damage and arson | Local resolution | On or near Waverley Gardens |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Waverley Gardens |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Waverley Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waverley Gardens |