£268,794
This estimated value is based upon the latest sale price for the house of £98,000 on 30 Aug 2002. 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 |
|---|---|
| £98,000 | 30 Aug 2002 |
| £77,995 | 16 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 August 2002 the House Price Index for THURROCK was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £98,000 results in an estimated price of approximately £268,794.
| 30 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £98,000 | £170,794 | £268,794 |
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 | 162.298 % | £159,051 | £257,051 |
| 3 Month Average | 253.330 % | £248,263 | £346,263 |
| 6 Month Average | 208.778 % | £204,602 | £302,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £223,945 | £225,000 | 40 COAL COURT |
| 28 Oct 2021 | £237,893 | £215,000 | 51 COAL COURT |
| 14 Oct 2021 | £226,828 | £205,000 | 44 COAL COURT |
| 14 May 2021 | £239,568 | £212,000 | 46 TIMBER COURT |
| 16 Dec 2020 | £189,373 | £165,000 | 33 TIMBER COURT |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 31 May 2018. Using an estimated price of £268,795 means this house is valued at £5,270 per sq meter (£489 per sq foot).
The average size of a house on COAL COURT is 52 sq meters (563 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbia Wharf Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbia Wharf Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Columbia Wharf Road |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |