£515,645
This estimated value is based upon the latest sale price for the house of £475,000 on 24 Sep 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 |
|---|---|
| £475,000 | 24 Sep 2021 |
| £385,000 | 17 May 2016 |
| £250,000 | 27 Apr 2012 |
| 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 September 2021 the House Price Index for THURROCK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £475,000 results in an estimated price of approximately £515,645.
| 24 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £475,000 | £40,645 | £515,645 |
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 | 14.681 % | £69,736 | £544,736 |
| 3 Month Average | 13.225 % | £62,817 | £537,817 |
| 6 Month Average | 3.731 % | £17,720 | £492,720 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £403,504 | £400,000 | 9 ASHBY CLOSE |
| 20 Oct 2023 | £230,229 | £225,000 | 6 JASON CLOSE |
| 30 Sep 2021 | £255,109 | £235,000 | 89 HEMLEY ROAD |
| 24 Sep 2021 | £515,645 | £475,000 | 7 ASHBY CLOSE |
| 2 Sep 2021 | £217,108 | £199,995 | 72 HEMLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Jason Close | |
| Jul 2024 | Anti-social behaviour | On or near Jason Close | |
| Jul 2024 | Anti-social behaviour | On or near Jason Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jason Close |
| Jul 2024 | Anti-social behaviour | On or near Jason Close |