£249,965
This estimated value is based upon the latest sale price for the house of £217,500 on 16 Jul 2021. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
Unit 2, Lakeside Business Village, Fleming Road, Chafford Hundred, Grays, RM16 6EW
Phone: 01372434711
| Price Paid | Date |
|---|---|
| £217,500 | 16 Jul 2021 |
| £205,000 | 25 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 672 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 2021 the House Price Index for THURROCK was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £217,500 results in an estimated price of approximately £249,965.
| 16 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £217,500 | £32,465 | £249,965 |
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 | -37.806 % | £-82,229 | £135,270 |
| 3 Month Average | -20.143 % | £-43,810 | £173,689 |
| 6 Month Average | -18.366 % | £-39,945 | £177,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £234,048 | £232,000 | FLAT 27 WITHAM HOUSE SCHOOLFIELD WAY |
| 28 Jul 2023 | £233,138 | £230,000 | FLAT 37 WITHAM HOUSE SCHOOLFIELD WAY |
| 6 Apr 2023 | £374,027 | £370,000 | 25 SCHOOLFIELD ROAD |
| 27 Mar 2023 | £238,749 | £236,500 | FLAT 33 OAK TREE HOUSE SCHOOLFIELD ROAD |
| 8 Nov 2022 | £444,614 | £450,000 | 9 SCHOOLFIELD ROAD |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 14 Jan 2011. Using an estimated price of £249,965 means this house is valued at £4,002 per sq meter (£371 per sq foot).
The average size of a house on SCHOOLFIELD ROAD is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schoolfield Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schoolfield Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Fox Manor Way |
| Mar 2024 | Anti-social behaviour | On or near Fox Manor Way | |
| Mar 2024 | Anti-social behaviour | On or near Fox Manor Way |