£218,763
This estimated value is based upon the latest sale price for the house of £140,000 on 8 Aug 2007. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4-6 Queensgate Centre Orsett Road, Grays, RM17 5DF
Phone: 01375318833
Price Paid | Date |
---|---|
£140,000 | 8 Aug 2007 |
£132,250 | 22 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 August 2007 the House Price Index for THURROCK was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £140,000 results in an estimated price of approximately £218,763.
8 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.7 | 148.0 | 56.259 % | £140,000 | £78,763 | £218,763 |
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 | 61.656 % | £86,318 | £226,318 |
3 Month Average | 120.872 % | £169,221 | £309,221 |
6 Month Average | 88.493 % | £123,889 | £263,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £294,891 | £292,500 | 11 ARGENT COURT ARGENT STREET |
25 Nov 2022 | £265,691 | £270,000 | 114 ARGENT COURT ARGENT STREET |
29 Sep 2022 | £251,936 | £255,000 | 40 ARGENT COURT ARGENT STREET |
28 Mar 2022 | £258,014 | £249,995 | 72 ARGENT COURT ARGENT STREET |
3 Dec 2021 | £186,734 | £175,000 | 31 ARGENT COURT ARGENT STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 28 Sep 2017. Using an estimated price of £218,763 means this house is valued at £4,464 per sq meter (£414 per sq foot).
The average size of a house on ARGENT STREET is 65 sq meters (706 sq feet).