£207,600
This estimated value is based upon the latest sale price for the house of £130,000 on 25 May 2007. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £130,000 | 25 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 443 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 2007 the House Price Index for THURROCK was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £130,000 results in an estimated price of approximately £207,600.
| 25 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £130,000 | £77,600 | £207,600 |
The Postcode Pricing Model uses changes in average sales price within the RM20 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 | 0.880 % | £1,143 | £131,143 |
| 3 Month Average | 58.927 % | £76,605 | £206,605 |
| 6 Month Average | 59.402 % | £77,223 | £207,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £288,495 | £285,000 | 19 FIRST AVENUE |
| 29 Jul 2022 | £451,210 | £449,995 | 9 FOX FIELD CLOSE |
| 27 May 2022 | £341,433 | £335,000 | 9 THIRD AVENUE |
| 16 May 2022 | £433,162 | £425,000 | 16 FOX FIELD CLOSE |
| 14 Apr 2022 | £347,557 | £337,500 | 42 FIRST AVENUE |
This house has a floor area of 41 sq meters or 443 sq feet when measured on 3 Jun 2011. Using an estimated price of £207,601 means this house is valued at £5,037 per sq meter (£468 per sq foot).
The average size of a house on LONDON ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near First Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |
| Apr 2024 | Other theft | Under investigation | On or near First Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near First Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near First Avenue |