£638,471
This estimated value is based upon the latest sale price for the house of £645,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £645,000 | 25 Jul 2022 |
| £374,000 | 21 Dec 2006 |
| £118,500 | 9 May 1997 |
| £55,000 | 31 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 July 2022 the House Price Index for THURROCK was 148.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.012%.Applying this -1.012% change to the original purchase price of £645,000 results in an estimated price of approximately £638,471.
| 25 Jul 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 146.7 | -1.012 % | £645,000 | £-6,528 | £638,471 |
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 | -66.662 % | £-429,971 | £215,028 |
| 3 Month Average | -16.782 % | £-108,240 | £536,759 |
| 6 Month Average | -2.835 % | £-18,287 | £626,712 |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 28 May 2021.
The average size of a house on COLLEGE AVENUE is 204 sq meters (2,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near College Avenue |
| Feb 2024 | Drugs | Under investigation | On or near College Avenue |
| Jan 2024 | Anti-social behaviour | On or near College Avenue | |
| Jan 2024 | Anti-social behaviour | On or near College Avenue | |
| Jan 2024 | Anti-social behaviour | On or near College Avenue |