£407,123
This estimated value is based upon the latest sale price for the house of £400,000 on 11 Dec 2023. This value is then adjusted by the current Official House Price Index for THURROCK 1
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37 Orsett Road, Grays, RM17 5DS
Phone: 01375318738
| Price Paid | Date |
|---|---|
| £400,000 | 11 Dec 2023 |
| Semi-Detached |
| 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 December 2023 the House Price Index for THURROCK was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £400,000 results in an estimated price of approximately £407,123.
| 11 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £400,000 | £7,123 | £407,123 |
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 | -55.840 % | £-223,361 | £176,638 |
| 3 Month Average | 10.885 % | £43,541 | £443,541 |
| 6 Month Average | 6.758 % | £27,033 | £427,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £407,123 | £400,000 | 68 HOGG LANE |
| 10 Nov 2023 | £456,762 | £450,000 | 25 ORCHARD DRIVE |
| 3 Nov 2023 | £241,577 | £238,000 | 22 SARTORIA COURT LENTHALL AVENUE |
| 27 Mar 2023 | £514,851 | £510,000 | 9 ANDREA AVENUE |
| 24 Mar 2022 | £1,036 | £1,000 | 207 LENTHALL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Orchard Drive |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Orchard Drive |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Advice Avenue |
| Jan 2024 | Burglary | Under investigation | On or near Advice Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dukes Avenue |