£244,253
This estimated value is based upon the latest sale price for the house of £225,000 on 3 Sep 2021. 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 |
|---|---|
| £225,000 | 3 Sep 2021 |
| £205,000 | 22 Dec 2016 |
| £142,950 | 31 Jul 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 September 2021 the House Price Index for THURROCK was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £225,000 results in an estimated price of approximately £244,253.
| 3 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £225,000 | £19,253 | £244,253 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | 0.007 % | £15 | £225,015 |
| 3 Month Average | 12.664 % | £28,494 | £253,494 |
| 6 Month Average | 14.956 % | £33,650 | £258,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £340,227 | £335,000 | 713 LONDON ROAD |
| 13 Jun 2023 | £275,521 | £270,000 | 17 ESSEX ROAD |
| 17 Mar 2023 | £162,717 | £160,000 | 23 ESSEX ROAD |
| 20 May 2022 | £226,912 | £221,000 | FLAT 5 LANGTON HOUSE, 753 LONDON ROAD |
| 31 Jan 2022 | £397,574 | £375,000 | 622 LONDON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jul 2012. Using an estimated price of £244,253 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on LONDON ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Essex Road |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Essex Road |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Essex Road |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Essex Road |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Essex Road |