£440,122
This estimated value is based upon the latest sale price for the house of £350,000 on 26 Apr 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £350,000 | 26 Apr 2018 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 April 2018 the House Price Index for THURROCK was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £350,000 results in an estimated price of approximately £440,122.
| 26 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £350,000 | £90,122 | £440,122 |
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 | 22.453 % | £78,585 | £428,585 |
| 3 Month Average | 22.527 % | £78,845 | £428,845 |
| 6 Month Average | 16.336 % | £57,174 | £407,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £342,500 | £342,500 | 50 CLAUDIAN WAY |
| 14 Jun 2024 | £335,000 | £335,000 | 35 CLAUDIAN WAY |
| 28 Mar 2024 | £312,806 | £308,000 | 3 ST PATRICKS PLACE |
| 15 Dec 2023 | £299,194 | £290,000 | 61 ST PETERS ROAD |
| 13 Nov 2023 | £464,798 | £453,000 | 47 WOKINDON ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 4 Jan 2018. Using an estimated price of £440,122 means this house is valued at £3,667 per sq meter (£340 per sq foot).
The average size of a house on CLAUDIAN WAY is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claudian Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wokindon Road |
| Aug 2024 | Violence and sexual offences | Offender given a caution | On or near St Patrick'S Place |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near St Patrick'S Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near St Patrick'S Place |