£461,868
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £400,000 | 6 Nov 2020 |
| £400,000 | 6 Nov 2020 |
| 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 November 2020 the House Price Index for THURROCK was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £400,000 results in an estimated price of approximately £461,868.
| 6 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £400,000 | £61,868 | £461,868 |
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 | 26.090 % | £104,359 | £504,359 |
| 3 Month Average | 37.877 % | £151,506 | £551,506 |
| 6 Month Average | 19.855 % | £79,421 | £479,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £387,883 | £385,000 | 19 LENTHALL AVENUE |
| 5 Sep 2022 | £360,614 | £365,000 | 19 HOLLIS PLACE |
| 26 Aug 2022 | £427,114 | £430,000 | 36 WALLACE ROAD |
| 11 Jul 2022 | £345,533 | £346,000 | 94 HATHAWAY ROAD |
| 24 May 2022 | £245,652 | £242,000 | 28 SARTORIA COURT LENTHALL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Hollis Place |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hollis Place |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Hollis Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollis Place |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hollis Place |