£406,317
This estimated value is based upon the latest sale price for the house of £320,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
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17 Defoe Parade, Chadwell St. Mary, Grays, RM16 4QR
Phone: 01375318871
| Price Paid | Date |
|---|---|
| £320,000 | 21 Jul 2017 |
| £239,500 | 14 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £320,000 results in an estimated price of approximately £406,317.
| 21 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £320,000 | £86,317 | £406,317 |
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 | 33.345 % | £106,705 | £426,705 |
| 3 Month Average | 1.106 % | £3,538 | £323,538 |
| 6 Month Average | 20.825 % | £66,639 | £386,639 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £418,023 | £420,000 | 4 ALMOND CLOSE |
| 8 Jun 2022 | £441,474 | £437,000 | 10 HEATH ROAD |
| 13 May 2022 | £433,443 | £427,000 | 18 ORSETT HEATH CRESCENT |
| 22 Apr 2022 | £410,256 | £400,000 | 11 ORSETT HEATH CRESCENT |
| 31 Mar 2022 | £278,661 | £270,000 | 82 HEATH ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Sep 2020. Using an estimated price of £406,317 means this house is valued at £5,565 per sq meter (£517 per sq foot).
The average size of a house on HEATH ROAD is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orsett Heath Crescent | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orsett Heath Crescent |