£328,812
This estimated value is based upon the latest sale price for the house of £266,000 on 10 May 2019. 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 |
---|---|
£266,000 | 10 May 2019 |
£260,000 | 28 Feb 2019 |
£205,995 | 29 Dec 2014 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2019 the House Price Index for THURROCK was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £266,000 results in an estimated price of approximately £328,812.
10 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £266,000 | £62,812 | £328,812 |
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 | -45.511 % | £-121,059 | £144,940 |
3 Month Average | -4.238 % | £-11,274 | £254,725 |
6 Month Average | -10.526 % | £-27,999 | £238,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Jun 2023 | £313,801 | £310,000 | 38 CHARLTON STREET |
31 Mar 2023 | £323,043 | £320,000 | 16 CHARLTON STREET |
28 Nov 2022 | £322,592 | £326,500 | 5 GUMLEY CLOSE |
26 Aug 2022 | £184,503 | £185,000 | 17B CHARLTON STREET |
8 Aug 2022 | £324,128 | £325,000 | 21 EAST STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 16 Dec 2014. Using an estimated price of £328,813 means this house is valued at £4,835 per sq meter (£449 per sq foot).
The average size of a house on GUMLEY CLOSE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Gumley Road | |
Feb 2024 | Anti-social behaviour | On or near Gumley Road | |
Feb 2024 | Anti-social behaviour | On or near Gumley Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gumley Road |
Apr 2024 | Anti-social behaviour | On or near Charlton Street |