£328,396
This estimated value is based upon the latest sale price for the house of £225,000 on 14 May 2015. 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 |
---|---|
£225,000 | 14 May 2015 |
£184,000 | 27 Nov 2014 |
£151,000 | 28 May 2004 |
£65,500 | 2 Oct 1998 |
£42,500 | 9 Aug 1995 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 May 2015 the House Price Index for THURROCK was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £225,000 results in an estimated price of approximately £328,396.
14 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £225,000 | £103,396 | £328,396 |
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 | 65.823 % | £148,101 | £373,101 |
3 Month Average | 26.698 % | £60,069 | £285,069 |
6 Month Average | 48.199 % | £108,448 | £333,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £305,342 | £300,000 | 38 DEVEREUX ROAD |
21 Jul 2023 | £354,775 | £350,000 | 63 DEVEREUX ROAD |
3 Feb 2023 | £214,855 | £215,000 | 75 DEVEREUX ROAD |
27 Jul 2022 | £335,904 | £335,000 | 55 DEVEREUX ROAD |
21 Jul 2022 | £330,891 | £330,000 | 89 DEVEREUX ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 7 Nov 2018. Using an estimated price of £328,396 means this house is valued at £5,864 per sq meter (£544 per sq foot).
The average size of a house on DEVEREUX ROAD is 60 sq meters (647 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devereux Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duarte Place |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Douglas Close |