£338,829
This estimated value is based upon the latest sale price for the house of £256,500 on 8 Dec 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4-6 Queensgate Centre Orsett Road, Grays, RM17 5DF
Phone: 01375318833
Price Paid | Date |
---|---|
£256,500 | 8 Dec 2016 |
£136,000 | 17 Feb 2006 |
£68,000 | 24 Aug 2001 |
£45,000 | 27 Oct 1997 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 756 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 December 2016 the House Price Index for THURROCK was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £256,500 results in an estimated price of approximately £338,829.
8 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 149.7 | 32.097 % | £256,500 | £82,329 | £338,829 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | 43.550 % | £111,706 | £368,206 |
3 Month Average | 41.484 % | £106,407 | £362,907 |
6 Month Average | 20.220 % | £51,864 | £308,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £299,194 | £290,000 | 41 STANLEY ROAD |
3 Feb 2023 | £329,702 | £327,500 | 17 DARNLEY ROAD |
18 May 2022 | £297,757 | £290,000 | 33 DARNLEY ROAD |
18 Mar 2022 | £287,082 | £275,000 | 7 DARNLEY ROAD |
6 Nov 2021 | £326,856 | £300,000 | 1 STANLEY ROAD |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 18 Jan 2012. Using an estimated price of £338,830 means this house is valued at £4,819 per sq meter (£447 per sq foot).
The average size of a house on DARNLEY ROAD is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Oct 2024 | Shoplifting | Under investigation | On or near Parking Area |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
Oct 2024 | Public order | Under investigation | On or near Parking Area |