£538,860
This estimated value is based upon the latest sale price for the house of £505,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £505,000 | 17 Dec 2021 |
| £320,000 | 13 May 2014 |
| £275,000 | 26 Jul 2007 |
| £267,000 | 21 Sep 2005 |
| £250,000 | 15 Jan 2004 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2021 the House Price Index for THURROCK was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £505,000 results in an estimated price of approximately £538,860.
| 17 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £505,000 | £33,860 | £538,860 |
The Postcode Pricing Model uses changes in average sales price within the RM16 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 | 4.695 % | £23,711 | £528,711 |
| 3 Month Average | -8.026 % | £-40,533 | £464,466 |
| 6 Month Average | 6.925 % | £34,969 | £539,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £647,245 | £635,000 | 245 LODGE LANE |
| 31 Aug 2022 | £496,644 | £500,000 | 6 NUTBERRY AVENUE |
| 15 Jul 2022 | £314,575 | £315,000 | 202 LODGE LANE |
| 27 May 2022 | £636,968 | £627,500 | 236 LODGE LANE |
| 25 May 2022 | £791,770 | £780,000 | 194 LODGE LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 27 Jan 2014. Using an estimated price of £538,861 means this house is valued at £5,857 per sq meter (£544 per sq foot).
The average size of a house on CONRAD GARDENS is 127 sq meters (1,368 sq feet).
This house is the smallest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |
| Jan 2024 | Theft from the person | Unable to prosecute suspect | On or near Cobham |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Windsor Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mead Close |