£401,621
This estimated value is based upon the latest sale price for the house of £392,500 on 28 Feb 2024. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Goddard Road
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £392,500 | 28 Feb 2024 |
| £195,000 | 18 May 2007 |
| Terraced |
| 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 February 2024 the House Price Index for THURROCK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £392,500 results in an estimated price of approximately £401,621.
| 28 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £392,500 | £9,121 | £401,621 |
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 | 42.704 % | £167,613 | £560,113 |
| 3 Month Average | 18.280 % | £71,748 | £464,248 |
| 6 Month Average | 1.026 % | £4,025 | £396,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £440,000 | £440,000 | 2 PALINS WAY |
| 19 Apr 2024 | £408,548 | £405,000 | 1 PALINS WAY |
| 18 Mar 2024 | £203,121 | £200,000 | 33 THORLEY ROAD |
| 2 Oct 2023 | £368,366 | £360,000 | 1 THORLEY ROAD |
| 2 Oct 2023 | £425,668 | £416,000 | 9 PALINS WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Goddard Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Goddard Road |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Goddard Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Goddard Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palins Way |