Full Address

40 CASPIAN CLOSE
PURFLEET
THURROCK
UNITED KINGDOM
RM19 1LH

Estimated Market Value

£395,066

This estimated value is based upon the latest sale price for the house of £236,000 on 18 Nov 2011. This value is then adjusted by the current Official House Price Index for THURROCK1

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Transactions for this house
Price PaidDate
£236,00018 Nov 2011
£237,45227 Apr 2007
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 November 2011 the House Price Index for THURROCK was 82.1.

The House Price Index as of 1 Dec 2019 is 137.5 which is a change of 67.401%.

Applying this 67.401% change to the original purchase price of £236,000 gives us an estimated price now of around £395,065.

18 Nov 2011 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
82.1 137.5 67.401 % £236,000 £159,065 £395,065

The Postcode Pricing Model uses changes in average sales price within the RM19 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 46.263 % £109,180 £345,180
3 Month Average 112.447 % £265,374 £501,374
6 Month Average 77.725 % £183,431 £419,431
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
16 Dec 2019 £320,000 £320,000 46 CASPIAN CLOSE
11 Nov 2019 £208,047 £205,000 234 CASPIAN WAY
7 May 2019 £227,866 £220,000 188 CASPIAN WAY
1 Oct 2018 £319,964 £317,500 174 CASPIAN WAY
25 May 2018 £210,784 £205,000 138 CASPIAN WAY

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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