£316,141
This estimated value is based upon the latest sale price for the house of £235,000 on 21 Mar 2016. 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 |
|---|---|
| £235,000 | 21 Mar 2016 |
| £148,000 | 4 May 2007 |
| £50,000 | 30 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 749 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 March 2016 the House Price Index for THURROCK was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £235,000 results in an estimated price of approximately £316,141.
| 21 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £235,000 | £81,141 | £316,141 |
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 | 27.992 % | £65,781 | £300,781 |
| 3 Month Average | 67.480 % | £158,576 | £393,576 |
| 6 Month Average | 40.170 % | £94,398 | £329,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £176,255 | £172,920 | 27 QUEENSGATE CENTRE |
| 10 Mar 2023 | £326,766 | £325,000 | 84 BROOKE ROAD |
| 10 Feb 2023 | £278,682 | £280,000 | 21 BROOKE ROAD |
| 10 May 2022 | £566,420 | £558,000 | 28 - 30 HIGH STREET |
| 4 Feb 2022 | £345,716 | £331,000 | 1 QUARRY VIEW CROMWELL ROAD |
This house has a floor area of 69 sq meters or 749 sq feet when measured on 16 Feb 2012. Using an estimated price of £316,142 means this house is valued at £4,537 per sq meter (£421 per sq foot).
The average size of a house on BROOKE ROAD is 76 sq meters (827 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brooke Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Brooke Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brooke Road |
| Apr 2024 | Public order | Under investigation | On or near Police Station |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Police Station |