£192,922
This estimated value is based upon the latest sale price for the house of £125,500 on 11 Apr 2014. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £125,500 | 11 Apr 2014 |
| £121,000 | 26 Oct 2012 |
| £110,000 | 17 Oct 2008 |
| £44,500 | 14 Dec 1999 |
| 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 April 2014 the House Price Index for THURROCK was 95.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 53.723%.Applying this 53.723% change to the original purchase price of £125,500 results in an estimated price of approximately £192,922.
| 11 Apr 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 146.7 | 53.723 % | £125,500 | £67,422 | £192,922 |
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 | -13.039 % | £-16,363 | £109,136 |
| 3 Month Average | 62.547 % | £78,495 | £203,995 |
| 6 Month Average | 72.880 % | £91,464 | £216,964 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kiln Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Curling Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meesons Lane |
| Mar 2024 | Public order | Under investigation | On or near Sports/Recreation Area |