£248,308
This estimated value is based upon the latest sale price for the house of £252,000 on 4 Oct 2022. 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 |
|---|---|
| £252,000 | 4 Oct 2022 |
| £169,995 | 30 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 October 2022 the House Price Index for THURROCK was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £252,000 results in an estimated price of approximately £248,308.
| 4 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £252,000 | £-3,691 | £248,308 |
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 | -48.413 % | £-121,999 | £130,000 |
| 3 Month Average | -22.224 % | £-56,004 | £195,995 |
| 6 Month Average | -12.247 % | £-30,861 | £221,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £412,509 | £410,000 | 12 CHASE WAY |
| 18 Aug 2023 | £247,002 | £245,500 | 30 THE CHASE |
| 20 Jan 2023 | £273,597 | £276,000 | 35 THE CHASE |
| 4 Oct 2022 | £248,309 | £252,000 | 9 GUMLEY ROAD |
| 3 May 2022 | £192,867 | £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 £248,309 means this house is valued at £4,004 per sq meter (£372 per sq foot).
The average size of a house on GUMLEY ROAD is 82 sq meters (882 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 |