£284,751
This estimated value is based upon the latest sale price for the house of £178,500 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £178,500 | 14 Feb 2014 |
| £174,000 | 29 Jun 2007 |
| 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 February 2014 the House Price Index for THURROCK was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £178,500 results in an estimated price of approximately £284,751.
| 14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £178,500 | £106,251 | £284,751 |
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 | 85.184 % | £152,052 | £330,552 |
| 3 Month Average | 82.833 % | £147,857 | £326,357 |
| 6 Month Average | 72.058 % | £128,623 | £307,123 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £439,693 | £430,000 | 9 BONHAM DRIVE |
| 16 Jun 2023 | £443,896 | £435,000 | 5 BONHAM DRIVE |
| 7 Jun 2023 | £397,975 | £390,000 | 10 WINGFIELD DRIVE |
| 28 Feb 2023 | £473,161 | £470,000 | 2 RUTLEDGE CLOSE |
| 20 Jan 2023 | £481,286 | £480,000 | 7 BONHAM DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rutledge Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowley Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowley Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Green |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near St Giles Close |