£435,311
This estimated value is based upon the latest sale price for the house of £279,995 on 21 Sep 2007. 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 |
|---|---|
| £279,995 | 21 Sep 2007 |
| £240,000 | 20 Dec 2004 |
| £205,000 | 9 Jan 2003 |
| Detached |
| 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 September 2007 the House Price Index for THURROCK was 95.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 55.471%.Applying this 55.471% change to the original purchase price of £279,995 results in an estimated price of approximately £435,311.
| 21 Sep 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.0 | 55.471 % | £279,995 | £155,316 | £435,311 |
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 | 52.137 % | £145,981 | £425,976 |
| 3 Month Average | 110.343 % | £308,955 | £588,950 |
| 6 Month Average | 85.994 % | £240,778 | £520,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £346,556 | £340,000 | 33 BANKFOOT |
| 4 Aug 2023 | £191,162 | £190,000 | 4 PAGETTE WAY |
| 18 Jan 2023 | £389,578 | £393,000 | 27 BANKFOOT |
| 20 May 2022 | £184,746 | £182,000 | 16 PAGETTE WAY |
| 31 Mar 2022 | £76,579 | £74,199 | FLAT 12 KINGFISHER HEIGHTS HOGG LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Harrap Chase |