£322,665
This estimated value is based upon the latest sale price for the house of £230,000 on 27 Nov 2015. 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 |
---|---|
£230,000 | 27 Nov 2015 |
£150,000 | 7 Jul 2006 |
£128,000 | 20 Sep 2002 |
£81,500 | 27 Nov 2000 |
£58,500 | 27 Nov 1997 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 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 November 2015 the House Price Index for THURROCK was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £230,000 results in an estimated price of approximately £322,665.
27 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £230,000 | £92,665 | £322,665 |
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 | 56.101 % | £129,032 | £359,032 |
3 Month Average | 24.379 % | £56,071 | £286,071 |
6 Month Average | 32.317 % | £74,330 | £304,330 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £410,000 | £410,000 | 10 BONNER WALK |
4 Mar 2024 | £340,227 | £335,000 | 2 ADVICE AVENUE |
13 Oct 2023 | £322,321 | £315,000 | 40 BULL CLOSE |
9 Oct 2023 | £624,176 | £610,000 | 32 ADVICE AVENUE |
28 Feb 2023 | £317,118 | £315,000 | 17 BULL CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 28 Sep 2010. Using an estimated price of £322,665 means this house is valued at £6,088 per sq meter (£565 per sq foot).
The average size of a house on BULL CLOSE is 64 sq meters (697 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Under investigation | On or near Bull Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bull Close |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Advice Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Advice Avenue |
May 2024 | Possession of weapons | Awaiting court outcome | On or near Advice Avenue |