£178,167
This estimated value is based upon the latest sale price for the house of £127,000 on 12 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 |
|---|---|
| £127,000 | 12 Nov 2015 |
| £129,950 | 1 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 342 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 £127,000 results in an estimated price of approximately £178,167.
| 12 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £127,000 | £51,167 | £178,167 |
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 | 55.764 % | £70,819 | £197,819 |
| 3 Month Average | 46.420 % | £58,953 | £185,953 |
| 6 Month Average | 38.166 % | £48,470 | £175,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £180,548 | £175,000 | 97 ALBANY HEIGHTS SEALLY ROAD |
| 13 Oct 2023 | £196,462 | £192,000 | 72 ALBANY HEIGHTS HOGG LANE |
| 29 Sep 2023 | £178,945 | £175,000 | 50 ALBANY HEIGHTS HOGG LANE |
| 2 Jun 2023 | £193,885 | £190,000 | 42 ALBANY HEIGHTS HOGG LANE |
| 17 Feb 2023 | £221,479 | £220,000 | FLAT 19 KINGFISHER HEIGHTS HOGG LANE |
This house has a floor area of 31 sq meters or 342 sq feet when measured on 15 Mar 2010. Using an estimated price of £178,167 means this house is valued at £5,606 per sq meter (£520 per sq foot).
The average size of a house on HOGG LANE is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seally Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Seally Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seally Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Seally Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Seally Road |