£415,285
This estimated value is based upon the latest sale price for the house of £260,000 on 13 Jan 2014. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
Price Paid | Date |
---|---|
£260,000 | 13 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 January 2014 the House Price Index for THURROCK was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £260,000 results in an estimated price of approximately £415,285.
13 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £260,000 | £155,285 | £415,285 |
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 | 68.099 % | £177,057 | £437,057 |
3 Month Average | 39.455 % | £102,582 | £362,582 |
6 Month Average | 63.330 % | £164,657 | £424,657 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £575,031 | £570,000 | 42 LONG LANE |
17 Aug 2023 | £433,795 | £430,000 | 6 LONG LANE |
7 Jun 2023 | £248,004 | £245,000 | FLAT 30 ELIZABETH GARDENS LONG LANE |
31 Mar 2023 | £302,292 | £299,444 | 39 GODDARD ROAD |
15 Jul 2022 | £451,215 | £450,000 | 8 WAVERLEY GARDENS |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Oct 2013. Using an estimated price of £415,286 means this house is valued at £4,513 per sq meter (£419 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Nutberry Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |
Feb 2024 | Drugs | Unable to prosecute suspect | On or near Waverley Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Waverley Gardens |