£301,906
This estimated value is based upon the latest sale price for the house of £177,000 on 19 Sep 2011. 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 |
|---|---|
| £177,000 | 19 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 951 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 September 2011 the House Price Index for KENT was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.569%.Applying this 70.569% change to the original purchase price of £177,000 results in an estimated price of approximately £301,906.
| 19 Sep 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.569 % | £177,000 | £124,906 | £301,906 |
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 | 131.208 % | £232,238 | £409,238 |
| 3 Month Average | 60.846 % | £107,697 | £284,697 |
| 6 Month Average | 79.330 % | £140,414 | £317,414 |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 24 Mar 2011.
The average size of a house on PROSPECT PLACE is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near St John'S Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St John'S Road |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near St John'S Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prospect Place |