£220,887
This estimated value is based upon the latest sale price for the house of £176,000 on 11 Jan 2018. 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 |
|---|---|
| £176,000 | 11 Jan 2018 |
| £128,000 | 7 Nov 2006 |
| £134,000 | 26 Apr 2004 |
| Flats/Maisonettes |
| 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 January 2018 the House Price Index for THURROCK was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £176,000 results in an estimated price of approximately £220,887.
| 11 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £176,000 | £44,887 | £220,887 |
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 | 17.319 % | £30,481 | £206,481 |
| 3 Month Average | -5.676 % | £-9,990 | £166,009 |
| 6 Month Average | 12.785 % | £22,501 | £198,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £223,306 | £220,000 | FLAT 13 TRELAWNEY PLACE HOWARD ROAD |
| 9 Aug 2023 | £196,721 | £195,000 | FLAT 5 NIGHTINGALE COURT FLEMING ROAD |
| 23 Jun 2023 | £255,090 | £252,000 | FLAT 16 TRELAWNEY PLACE HOWARD ROAD |
| 3 Feb 2023 | £224,849 | £225,000 | FLAT 63 TRELAWNEY PLACE HOWARD ROAD |
| 12 Jul 2022 | £225,607 | £225,000 | FLAT 21 TRELAWNEY PLACE HOWARD ROAD |