£154,317
This estimated value is based upon the latest sale price for the house of £124,000 on 28 Jan 2019. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £124,000 | 28 Jan 2019 |
| £97,500 | 29 Sep 2006 |
| £79,995 | 11 Aug 2003 |
| £19,000 | 13 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 January 2019 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £124,000 results in an estimated price of approximately £154,317.
| 28 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £124,000 | £30,317 | £154,317 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | -0.681 % | £-844 | £123,155 |
| 3 Month Average | -3.087 % | £-3,827 | £120,172 |
| 6 Month Average | 17.501 % | £21,700 | £145,700 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £198,582 | £195,000 | 26 PARSONAGE ROAD |
| 7 Apr 2022 | £105,817 | £102,000 | 82 PORTER CLOSE |
| 27 Sep 2021 | £137,867 | £127,000 | 80 PORTER CLOSE |
| 15 Dec 2020 | £183,837 | £159,000 | 26 PORTER CLOSE |
| 18 Aug 2020 | £211,390 | £175,000 | 91 PORTER CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 10 Sep 2018. Using an estimated price of £154,318 means this house is valued at £3,507 per sq meter (£325 per sq foot).
The average size of a house on PORTER CLOSE is 42 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Porter Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Porter Close |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Porter Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Porter Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Porter Close |