£597,653
This estimated value is based upon the latest sale price for the house of £489,995 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
Price Paid | Date |
---|---|
£489,995 | 31 Jan 2020 |
Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 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 January 2020 the House Price Index for THURROCK was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £489,995 results in an estimated price of approximately £597,653.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £489,995 | £107,658 | £597,653 |
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 | -43.477 % | £-213,035 | £276,959 |
3 Month Average | -22.426 % | £-109,886 | £380,108 |
6 Month Average | -16.212 % | £-79,435 | £410,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £360,000 | £360,000 | 11 SOMERSET CLOSE |
21 Apr 2023 | £405,365 | £401,000 | 10 MOORE AVENUE |
24 Mar 2023 | £356,862 | £353,500 | 86 MOORE AVENUE |
3 Feb 2023 | £216,854 | £217,000 | 1 THE FLATS MOORE AVENUE |
21 Apr 2022 | £280,105 | £272,000 | 72 DEVONSHIRE CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 10 Jan 2020. Using an estimated price of £597,654 means this house is valued at £4,819 per sq meter (£447 per sq foot).
The average size of a house on DEVONSHIRE CLOSE is 109 sq meters (1,177 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Askews Farm Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Moore Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |