£272,562
This estimated value is based upon the latest sale price for the house of £220,000 on 21 Jun 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £220,000 | 21 Jun 2018 |
| £158,000 | 26 Apr 2006 |
| £134,995 | 3 Jan 2002 |
| 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 June 2018 the House Price Index for THURROCK was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £220,000 results in an estimated price of approximately £272,562.
| 21 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £220,000 | £52,562 | £272,562 |
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 | 18.296 % | £40,250 | £260,250 |
| 3 Month Average | 8.358 % | £18,386 | £238,386 |
| 6 Month Average | 7.757 % | £17,065 | £237,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £226,377 | £225,000 | 23 SAN MARCOS DRIVE |
| 18 Aug 2023 | £432,631 | £430,000 | 67 MAYFLOWER ROAD |
| 12 Apr 2023 | £397,958 | £395,000 | 129 MAYFLOWER ROAD |
| 24 Jun 2022 | £545,529 | £540,000 | 5 NORFOLK PLACE |
| 31 Mar 2022 | £255,955 | £248,000 | 141 MAYFLOWER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Mayflower Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Santiago Way |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harper Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harper Close |