£290,294
This estimated value is based upon the latest sale price for the house of £189,995 on 28 Jul 2014. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
Price Paid | Date |
---|---|
£189,995 | 28 Jul 2014 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,345 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 2014 the House Price Index for THURROCK was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £189,995 results in an estimated price of approximately £290,294.
28 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £189,995 | £100,299 | £290,294 |
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 | 53.492 % | £101,631 | £291,626 |
3 Month Average | 39.786 % | £75,592 | £265,587 |
6 Month Average | 66.918 % | £127,141 | £317,136 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £263,907 | £260,000 | 6 RAVENCROFT |
30 Jun 2023 | £289,507 | £286,000 | 211 GODMAN ROAD |
30 Jun 2023 | £404,905 | £400,000 | 57 LONGHOUSE ROAD |
6 Jun 2023 | £303,678 | £300,000 | 205 GODMAN ROAD |
29 Apr 2022 | £324,387 | £315,000 | 12 NICOLAS WALK |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 26 Sep 2013. Using an estimated price of £290,294 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on GODMAN ROAD is 99 sq meters (1,072 sq feet).