£246,614
This estimated value is based upon the latest sale price for the house of £47,452 on 20 Feb 1997. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £47,452 | 20 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 615 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 1997 the House Price Index for THURROCK was 28.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 419.714%.Applying this 419.714% change to the original purchase price of £47,452 results in an estimated price of approximately £246,614.
| 20 Feb 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 146.7 | 419.714 % | £47,452 | £199,162 | £246,614 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | 251.155 % | £119,178 | £166,630 |
| 3 Month Average | 479.860 % | £227,702 | £275,154 |
| 6 Month Average | 522.992 % | £248,170 | £295,622 |
This house has a floor area of 57 sq meters or 615 sq feet when measured on 27 Jul 2010.
The average size of a house on BRUCES WHARF ROAD is 68 sq meters (732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Bruces Wharf Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bruces Wharf Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argent Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argent Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Argent Street |