£154,017
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Nov 2002. 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 |
|---|---|
| £60,000 | 28 Nov 2002 |
| £60,000 | 3 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2002 the House Price Index for THURROCK was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £60,000 results in an estimated price of approximately £154,017.
| 28 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £60,000 | £94,017 | £154,017 |
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 | 158.926 % | £95,355 | £155,355 |
| 3 Month Average | 231.079 % | £138,647 | £198,647 |
| 6 Month Average | 191.253 % | £114,751 | £174,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £363,289 | £365,000 | 36 HAMPDEN ROAD |
| 8 Jul 2022 | £75,202 | £75,000 | PERFECT FIT STANLEY ROAD |
| 13 May 2022 | £565,658 | £555,000 | 130 ORSETT ROAD |
| 17 Dec 2021 | £305,342 | £285,000 | 64 BEDFORD ROAD |
| 14 Sep 2021 | £304,959 | £283,000 | 34 HAMPDEN ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 28 Apr 2017. Using an estimated price of £154,017 means this house is valued at £1,166 per sq meter (£108 per sq foot).
The average size of a house on ORSETT ROAD is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Orsett Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Orsett Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orsett Road |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Orsett Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orsett Road |