£189,249
This estimated value is based upon the latest sale price for the house of £52,000 on 30 Nov 2000. This value is then adjusted by the current Official House Price Index for THURROCK 1
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1 Orsett Road, Grays, RM17 5DA
Phone: 01375318740
| Price Paid | Date |
|---|---|
| £52,000 | 30 Nov 2000 |
| Detached |
| Leasehold |
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 2000 the House Price Index for THURROCK was 40.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 263.941%.Applying this 263.941% change to the original purchase price of £52,000 results in an estimated price of approximately £189,249.
| 30 Nov 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.8 | 148.6 | 263.941 % | £52,000 | £137,249 | £189,249 |
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 | 264.376 % | £137,475 | £189,475 |
| 3 Month Average | 198.600 % | £103,272 | £155,272 |
| 6 Month Average | 250.030 % | £130,015 | £182,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £305,342 | £300,000 | 38 DEVEREUX ROAD |
| 6 Sep 2023 | £341,365 | £337,000 | 2 COURTENAY DRIVE |
| 21 Jul 2023 | £354,775 | £350,000 | 63 DEVEREUX ROAD |
| 3 Feb 2023 | £214,855 | £215,000 | 75 DEVEREUX ROAD |
| 27 Jul 2022 | £335,904 | £335,000 | 55 DEVEREUX ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Devereux Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Duarte Place |
| Feb 2024 | Anti-social behaviour | On or near Courtenay Drive | |
| Feb 2024 | Anti-social behaviour | On or near Courtenay Drive |