£537,055
This estimated value is based upon the latest sale price for the house of £300,000 on 7 Feb 2006. 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 |
|---|---|
| £300,000 | 7 Feb 2006 |
| Detached |
| Freehold |
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 2006 the House Price Index for THURROCK was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £300,000 results in an estimated price of approximately £537,055.
| 7 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £300,000 | £237,055 | £537,055 |
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 | 86.107 % | £258,321 | £558,321 |
| 3 Month Average | 94.015 % | £282,046 | £582,046 |
| 6 Month Average | 88.460 % | £265,381 | £565,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £176,177 | £175,000 | 118 GRIFON ROAD |
| 29 Apr 2022 | £648,389 | £625,000 | 86 GRIFON ROAD |
| 27 Sep 2021 | £613,347 | £565,000 | 84 GRIFON ROAD |
| 29 Jun 2021 | £518,816 | £480,000 | 7 HARRINGTON CRESCENT |
| 5 Oct 2020 | £608,610 | £515,000 | 13 HARRINGTON CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Arterial Road North Stifford |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Arterial Road North Stifford |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arterial Road North Stifford |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Arterial Road North Stifford |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Harrington Crescent |