£261,326
This estimated value is based upon the latest sale price for the house of £210,000 on 15 Feb 2019. 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 |
---|---|
£210,000 | 15 Feb 2019 |
£152,000 | 28 Oct 2010 |
£119,500 | 12 Jul 2002 |
£114,995 | 23 Aug 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 February 2019 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £210,000 results in an estimated price of approximately £261,326.
15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £210,000 | £51,326 | £261,326 |
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 | 39.866 % | £83,719 | £293,719 |
3 Month Average | 14.679 % | £30,825 | £240,825 |
6 Month Average | 10.514 % | £22,078 | £232,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £251,381 | £245,000 | SECOND FLOOR FLAT 58 LENNOX CLOSE |
17 Oct 2023 | £427,714 | £418,000 | 16 LENNOX CLOSE |
16 Jan 2023 | £433,659 | £432,500 | 76 LENNOX CLOSE |
8 Jul 2022 | £393,947 | £390,000 | 8 LENNOX CLOSE |
6 Jul 2022 | £252,530 | £250,000 | SECOND FLOOR FLAT 23 LENNOX CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Unable to prosecute suspect | On or near Lennox Close |
May 2024 | Public order | Unable to prosecute suspect | On or near Lennox Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lennox Close |
Jul 2024 | Other crime | Under investigation | On or near Parr Close |
Jul 2024 | Anti-social behaviour | On or near Flemming Road |