£284,162
This estimated value is based upon the latest sale price for the house of £235,000 on 10 Jul 2020. 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 |
|---|---|
| £235,000 | 10 Jul 2020 |
| £235,000 | 10 Jul 2020 |
| £176,995 | 27 Jul 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 July 2020 the House Price Index for THURROCK was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £235,000 results in an estimated price of approximately £284,162.
| 10 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £235,000 | £49,162 | £284,162 |
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 | -49.515 % | £-116,359 | £118,640 |
| 3 Month Average | -8.689 % | £-20,419 | £214,580 |
| 6 Month Average | -12.965 % | £-30,467 | £204,532 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £413,618 | £410,000 | 12 CHASE WAY |
| 18 Aug 2023 | £247,667 | £245,500 | 30 THE CHASE |
| 20 Jan 2023 | £274,706 | £276,000 | 35 THE CHASE |
| 4 Oct 2022 | £249,316 | £252,000 | 9 GUMLEY ROAD |
| 3 May 2022 | £193,649 | £190,000 | 25 THE CHASE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 23 Jun 2015. Using an estimated price of £284,163 means this house is valued at £4,583 per sq meter (£425 per sq foot).
The average size of a house on GUMLEY ROAD is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chase Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Chase |
| Apr 2024 | Vehicle crime | Under investigation | On or near The Chase |
| Mar 2024 | Vehicle crime | Under investigation | On or near The Chase |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Chase |