£321,081
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Jul 2017. 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 |
---|---|
£250,000 | 31 Jul 2017 |
£45,000 | 3 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 2017 the House Price Index for THURROCK was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £250,000 results in an estimated price of approximately £321,081.
31 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £250,000 | £71,081 | £321,081 |
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 | 44.593 % | £111,483 | £361,483 |
3 Month Average | 118.948 % | £297,370 | £547,370 |
6 Month Average | 97.407 % | £243,516 | £493,516 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £282,162 | £275,000 | 5 CHARLOTTE PLACE |
24 Aug 2023 | £290,235 | £285,000 | 17 CHAPEL CLOSE |
9 Feb 2023 | £332,219 | £330,000 | 13 CREDO WAY |
27 Jan 2023 | £327,876 | £327,000 | 21 CHAPEL CLOSE |
23 Jan 2023 | £317,849 | £317,000 | 44 CHAPEL CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 17 Jun 2017. Using an estimated price of £321,081 means this house is valued at £5,733 per sq meter (£532 per sq foot).
The average size of a house on CREDO WAY is 58 sq meters (625 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Chapel Close | |
Jun 2024 | Anti-social behaviour | On or near Chapel Close | |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Credo Way |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Credo Way |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Credo Way |