£440,692
This estimated value is based upon the latest sale price for the house of £355,000 on 19 Nov 2018. 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 |
---|---|
£355,000 | 19 Nov 2018 |
Terraced |
Freehold |
Floor Area: 107 sq meters or 1,151 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 2018 the House Price Index for THURROCK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £355,000 results in an estimated price of approximately £440,692.
19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £355,000 | £85,692 | £440,692 |
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 | 5.840 % | £20,733 | £375,733 |
3 Month Average | 90.181 % | £320,141 | £675,141 |
6 Month Average | 70.947 % | £251,860 | £606,860 |
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 |
6 Apr 2023 | £377,052 | £370,000 | 25 SCHOOLFIELD ROAD |
27 Mar 2023 | £240,517 | £236,500 | FLAT 33 OAK TREE HOUSE SCHOOLFIELD ROAD |
17 Mar 2023 | £162,717 | £160,000 | 23 ESSEX ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 27 Sep 2018. Using an estimated price of £440,692 means this house is valued at £4,118 per sq meter (£382 per sq foot).
The average size of a house on SARTORIA CLOSE is 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Schoolfield Road | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schoolfield Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Schoolfield Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Schoolfield Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schoolfield Road |