£300,680
This estimated value is based upon the latest sale price for the house of £235,000 on 25 Aug 2017. 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 |
|---|---|
| £235,000 | 25 Aug 2017 |
| £163,000 | 30 Apr 2008 |
| £122,000 | 29 Jul 2002 |
| Flats/Maisonettes |
| Leasehold |
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 2017 the House Price Index for THURROCK was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £235,000 results in an estimated price of approximately £300,680.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £235,000 | £65,680 | £300,680 |
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 | 7.675 % | £18,036 | £253,036 |
| 3 Month Average | 29.206 % | £68,633 | £303,633 |
| 6 Month Average | 24.949 % | £58,629 | £293,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £254,208 | £252,000 | 43 SOUTHWELL CLOSE |
| 4 Mar 2024 | £220,894 | £217,500 | 125 SOUTHWELL CLOSE |
| 23 Nov 2023 | £256,511 | £250,000 | 133 SOUTHWELL CLOSE |
| 22 Sep 2023 | £250,523 | £245,000 | 7 SOUTHWELL CLOSE |
| 24 Aug 2023 | £274,959 | £270,000 | 113 SOUTHWELL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Southwell Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwell Close |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Southwell Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Southwell Close |