Full Address

16 CASPIAN CLOSE
PURFLEET
PURFLEET
THURROCK
UNITED KINGDOM
RM19 1LH

Estimated Market Value

£217,388

This estimated value is based upon the latest sale price for the house of £210,000 on 24 Mar 2017. This value is then adjusted by the current Official House Price Index for THURROCK1

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Transactions for this house
Price PaidDate
£210,00024 Mar 2017
£177,00022 May 2015
£154,60028 Feb 2007
House Details
Flats/Maisonettes
Leasehold

House Price Models

Land Registry House Price Index Model

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 March 2017 the House Price Index for THURROCK was 128.4.

The House Price Index as of 1 Jun 2019 is 133.0 which is a change of 3.518%.

Applying this 3.518% change to the original purchase price of £210,000 gives us an estimated price now of around £217,388.

24 Mar 2017 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
128.4 133.0 3.518 % £210,000 £7,388 £217,388

The Postcode Pricing Model uses changes in average sales price within the RM19 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 -12.103 % £-25,416 £184,583
3 Month Average -9.414 % £-19,769 £190,230
6 Month Average -1.463 % £-3,072 £206,927

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2017 the average sale price for the 50 nearest sales within three miles of 16 CASPIAN CLOSE was £237,967.

In October 2019 the average sale price for the 48 nearest sales was £280,847. This is a change of 18.020%.

So taking the original purchase price of £210,000 and adjusting it by 18.020% gives an estimated price of £247,841.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 24 Mar 2017 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£237,967 £280,847 18.020 % £210,000 £37,841 £247,841
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
7 May 2019 £219,882 £220,000 188 CASPIAN WAY
14 Nov 2018 £136,983 £140,000 80 CASPIAN WAY
1 Oct 2018 £309,580 £317,500 174 CASPIAN WAY
25 May 2018 £203,835 £205,000 138 CASPIAN WAY
2 Mar 2018 £322,172 £325,000 158 CASPIAN WAY

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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