£206,700
This estimated value is based upon the latest sale price for the house of £125,000 on 20 Aug 2013. 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 |
---|---|
£125,000 | 20 Aug 2013 |
Terraced |
Freehold |
Floor Area: 44 sq meters or 473 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 August 2013 the House Price Index for THURROCK was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £125,000 results in an estimated price of approximately £206,700.
20 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £125,000 | £81,700 | £206,700 |
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 | 105.267 % | £131,584 | £256,584 |
3 Month Average | 54.643 % | £68,303 | £193,303 |
6 Month Average | 59.879 % | £74,848 | £199,848 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £287,515 | £285,000 | 17 CHAPEL CLOSE |
26 Jul 2023 | £311,695 | £307,500 | 27 CREDO WAY |
9 Feb 2023 | £329,778 | £330,000 | 13 CREDO WAY |
27 Jan 2023 | £325,467 | £327,000 | 21 CHAPEL CLOSE |
23 Jan 2023 | £315,514 | £317,000 | 44 CHAPEL CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 21 May 2013. Using an estimated price of £206,700 means this house is valued at £4,697 per sq meter (£436 per sq foot).
The average size of a house on CHAPEL CLOSE is 48 sq meters (519 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chapel Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Close |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Close |
Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Charlotte Place |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Charlotte Place |