£91,003
This estimated value is based upon the latest sale price for the house of £80,000 on 28 Apr 2021. 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 |
---|---|
£80,000 | 28 Apr 2021 |
£876,267 | 18 Oct 2019 |
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 April 2021 the House Price Index for THURROCK was 131.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.Applying this 13.754% change to the original purchase price of £80,000 results in an estimated price of approximately £91,003.
28 Apr 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 149.7 | 13.754 % | £80,000 | £11,003 | £91,003 |
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 | 7.680 % | £6,144 | £86,144 |
3 Month Average | 92.749 % | £74,199 | £154,199 |
6 Month Average | 40.363 % | £32,290 | £112,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £365,617 | £360,000 | 11 SOMERSET CLOSE |
3 Feb 2023 | £218,459 | £217,000 | 1 THE FLATS MOORE AVENUE |
8 Aug 2022 | £326,527 | £325,000 | 21 EAST STREET |
31 May 2022 | £349,095 | £340,000 | 391 LONDON ROAD |
13 May 2022 | £308,025 | £300,000 | 30 EAST STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devonshire Road |
Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Devonshire Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Devonshire Road |
May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Askews Farm Lane |