£169,288
This estimated value is based upon the latest sale price for the house of £140,000 on 13 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 |
---|---|
£140,000 | 13 Jul 2020 |
£69,500 | 27 Aug 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 38 sq meters or 409 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 £140,000 results in an estimated price of approximately £169,288.
13 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £140,000 | £29,288 | £169,288 |
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 | 39.806 % | £55,728 | £195,728 |
3 Month Average | 1.149 % | £1,608 | £141,608 |
6 Month Average | -4.277 % | £-5,987 | £134,012 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £124,593 | £123,000 | 83 PORTER CLOSE |
16 Feb 2023 | £199,866 | £200,000 | 40 PARSONAGE ROAD |
7 Apr 2022 | £105,040 | £102,000 | 82 PORTER CLOSE |
27 Sep 2021 | £136,854 | £127,000 | 80 PORTER CLOSE |
15 Dec 2020 | £182,486 | £159,000 | 26 PORTER CLOSE |
This house has a floor area of 38 sq meters or 409 sq feet when measured on 8 Mar 2017. Using an estimated price of £169,288 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on PORTER CLOSE is 42 sq meters (462 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Porter Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Porter Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porter Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porter Close |
Jan 2024 | Anti-social behaviour | On or near Porter Close |