£293,613
This estimated value is based upon the latest sale price for the house of £275,000 on 5 Nov 2021. 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 |
|---|---|
| £275,000 | 5 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 November 2021 the House Price Index for THURROCK was 137.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.769%.Applying this 6.769% change to the original purchase price of £275,000 results in an estimated price of approximately £293,613.
| 5 Nov 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 146.7 | 6.769 % | £275,000 | £18,613 | £293,613 |
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 | 30.909 % | £84,999 | £359,999 |
| 3 Month Average | -1.302 % | £-3,580 | £271,419 |
| 6 Month Average | -6.709 % | £-18,448 | £256,551 |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 30 Jun 2021.
The average size of a house on PALMERSTON ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Palmerston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Palmerston Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Palmerston Road |
| Dec 2023 | Anti-social behaviour | On or near Palmerston Road |