£241,745
This estimated value is based upon the latest sale price for the house of £59,995 on 3 Dec 1999. 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 |
|---|---|
| £59,995 | 3 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 1999 the House Price Index for THURROCK was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £59,995 results in an estimated price of approximately £241,745.
| 3 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £59,995 | £181,750 | £241,745 |
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 | 266.286 % | £159,758 | £219,753 |
| 3 Month Average | 215.243 % | £129,135 | £189,130 |
| 6 Month Average | 278.979 % | £167,373 | £227,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £332,022 | £328,000 | 14 LEVESON ROAD |
| 26 Apr 2023 | £389,190 | £385,000 | 34 GODMAN ROAD |
| 4 Nov 2022 | £385,332 | £390,000 | 76 GODMAN ROAD |
| 29 Jul 2022 | £321,866 | £321,000 | 39 GODMAN ROAD |
| 22 Jul 2022 | £436,174 | £435,000 | 84 GODMAN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Jun 2014. Using an estimated price of £241,746 means this house is valued at £2,811 per sq meter (£261 per sq foot).
The average size of a house on CEDAR ROAD is 112 sq meters (1,215 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cedar Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedar Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brockett Road |
| Feb 2024 | Drugs | Local resolution | On or near Defoe Parade |