£432,980
This estimated value is based upon the latest sale price for the house of £247,500 on 1 Jun 2006. 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 |
|---|---|
| £247,500 | 1 Jun 2006 |
| £224,995 | 15 Nov 2002 |
| 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 June 2006 the House Price Index for THURROCK was 85.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.941%.Applying this 74.941% change to the original purchase price of £247,500 results in an estimated price of approximately £432,980.
| 1 Jun 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.6 | 149.7 | 74.941 % | £247,500 | £185,480 | £432,980 |
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 | 94.927 % | £234,945 | £482,445 |
| 3 Month Average | 102.288 % | £253,163 | £500,663 |
| 6 Month Average | 90.228 % | £223,314 | £470,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jun 2023 | £668,395 | £655,000 | 29 FENTON ROAD |
| 3 Feb 2023 | £415,274 | £412,500 | 38 FENTON ROAD |
| 28 Oct 2022 | £647,836 | £650,000 | 77 DRAKE ROAD |
| 9 Jul 2021 | £839,385 | £725,000 | 61 FENTON ROAD |
| 21 Aug 2020 | £382,918 | £317,000 | 14 CHESTER CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chester Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dove Close |
| Oct 2024 | Other theft | Under investigation | On or near Dove Close |
| Sep 2024 | Public order | Under investigation | On or near Dove Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Dudley Close |