£245,141
This estimated value is based upon the latest sale price for the house of £225,000 on 26 Nov 2021. 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 |
|---|---|
| £225,000 | 26 Nov 2021 |
| £215,000 | 30 Jun 2017 |
| £137,000 | 23 Nov 2009 |
| £118,995 | 20 Dec 2001 |
| Flats/Maisonettes |
| Leasehold |
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 November 2021 the House Price Index for THURROCK was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £225,000 results in an estimated price of approximately £245,141.
| 26 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £225,000 | £20,141 | £245,141 |
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 | 7.618 % | £17,140 | £242,140 |
| 3 Month Average | 15.298 % | £34,421 | £259,421 |
| 6 Month Average | 4.869 % | £10,955 | £235,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £263,996 | £258,000 | 92 SEWELL CLOSE |
| 16 Sep 2022 | £239,840 | £240,000 | 147 SOUTHWELL CLOSE |
| 22 Jul 2022 | £261,621 | £259,000 | 70 SEWELL CLOSE |
| 27 May 2022 | £282,356 | £275,000 | 22 SEWELL CLOSE |
| 13 Apr 2022 | £231,345 | £223,000 | 31 SOUTHWELL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sewell Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sewell Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sewell Close |
| Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Southwell Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwell Close |