£287,070
This estimated value is based upon the latest sale price for the house of £84,000 on 9 Apr 2001. This value is then adjusted by the current Official House Price Index for KENT 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £84,000 | 9 Apr 2001 |
| £65,000 | 9 Apr 1999 |
| £48,500 | 4 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 sq feet |
This model uses changes in the Official Land Registry House Price Index for KENT to estimate the market value.
When this house was purchased in April 2001 the House Price Index for KENT was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £84,000 results in an estimated price of approximately £287,070.
| 9 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.9 | 146.7 | 241.750 % | £84,000 | £203,070 | £287,070 |
The Postcode Pricing Model uses changes in average sales price within the DA12 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 | 346.868 % | £291,368 | £375,368 |
| 3 Month Average | 195.555 % | £164,266 | £248,266 |
| 6 Month Average | 250.029 % | £210,024 | £294,024 |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 May 2018.
The average size of a house on PROSPECT GROVE is 117 sq meters (1,270 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Suffolk Road |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Suffolk Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Suffolk Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Raphael Road |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Raphael Road |