£228,374
This estimated value is based upon the latest sale price for the house of £183,500 on 7 Nov 2017. 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 |
|---|---|
| £183,500 | 7 Nov 2017 |
| £72,995 | 5 Oct 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2017 the House Price Index for THURROCK was 117.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.455%.Applying this 24.455% change to the original purchase price of £183,500 results in an estimated price of approximately £228,374.
| 7 Nov 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 146.7 | 24.455 % | £183,500 | £44,874 | £228,374 |
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 | -26.377 % | £-48,401 | £135,098 |
| 3 Month Average | 14.742 % | £27,052 | £210,552 |
| 6 Month Average | 19.094 % | £35,037 | £218,537 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 23 Jan 2017.
The average size of a house on CROMWELL ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Cromwell Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Cromwell Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stuart Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Milton Road |