£517,664
This estimated value is based upon the latest sale price for the house of £490,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £490,000 | 8 Feb 2022 |
| £80,000 | 31 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 February 2022 the House Price Index for THURROCK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £490,000 results in an estimated price of approximately £517,664.
| 8 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £490,000 | £27,664 | £517,664 |
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 | 25.278 % | £123,861 | £613,861 |
| 3 Month Average | 4.328 % | £21,205 | £511,205 |
| 6 Month Average | 3.685 % | £18,056 | £508,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £431,632 | £425,000 | 41 NUTBERRY AVENUE |
| 5 Dec 2023 | £655,131 | £635,000 | 245 LODGE LANE |
| 20 Oct 2023 | £542,317 | £530,000 | 26 NUTBERRY AVENUE |
| 6 Sep 2023 | £419,242 | £410,000 | 35 NUTBERRY AVENUE |
| 31 Aug 2022 | £502,349 | £500,000 | 6 NUTBERRY AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Dec 2018. Using an estimated price of £517,664 means this house is valued at £4,350 per sq meter (£404 per sq foot).
The average size of a house on CONRAD GARDENS is 127 sq meters (1,368 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conrad Gardens |
| Jul 2024 | Theft from the person | Under investigation | On or near Harvey |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobham |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |