£281,001
This estimated value is based upon the latest sale price for the house of £221,200 on 4 May 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £221,200 | 4 May 2017 |
| £67,000 | 1 Sep 2000 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 738 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 May 2017 the House Price Index for THURROCK was 115.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.035%.Applying this 27.035% change to the original purchase price of £221,200 results in an estimated price of approximately £281,001.
| 4 May 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 146.7 | 27.035 % | £221,200 | £59,801 | £281,001 |
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 | -32.932 % | £-72,846 | £148,353 |
| 3 Month Average | 10.342 % | £22,876 | £244,076 |
| 6 Month Average | 21.445 % | £47,435 | £268,635 |
This house has a floor area of 68 sq meters or 738 sq feet when measured on 26 Nov 2008.
The average size of a house on LONDON ROAD is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Florence Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Florence Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Florence Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Rosebery Road |