£405,324
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Jun 2021. 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 |
---|---|
£375,000 | 25 Jun 2021 |
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 June 2021 the House Price Index for THURROCK was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £375,000 results in an estimated price of approximately £405,324.
25 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £375,000 | £30,324 | £405,324 |
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 | 23.754 % | £89,079 | £464,079 |
3 Month Average | -5.031 % | £-18,866 | £356,133 |
6 Month Average | -4.390 % | £-16,461 | £358,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Mar 2024 | £182,809 | £180,000 | 9 CHURCH ROW MALTING LANE |
6 Jun 2023 | £372,464 | £365,000 | 7 THE SPINNEY |
20 Jan 2023 | £784,596 | £782,500 | LARKINS CORNER MALTING LANE |
2 Aug 2022 | £723,383 | £720,000 | THE POST OFFICE, 10 HIGH ROAD |
28 Jul 2022 | £404,049 | £400,000 | THE WARREN RIDGEWELL AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malting Lane |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malting Lane |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ridgwell Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Spinney |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pound Lane |