£355,485
This estimated value is based upon the latest sale price for the house of £285,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
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Price Paid | Date |
---|---|
£285,000 | 25 May 2018 |
£88,000 | 4 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 May 2018 the House Price Index for THURROCK was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £285,000 results in an estimated price of approximately £355,485.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £285,000 | £70,485 | £355,485 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | -9.110 % | £-25,963 | £259,036 |
3 Month Average | 6.915 % | £19,706 | £304,706 |
6 Month Average | 12.159 % | £34,653 | £319,653 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £254,452 | £250,000 | 5B SHOREFIELD GARDENS |
8 Dec 2023 | £284,986 | £280,000 | FLAT 60 WATERS EDGE SHOREFIELD ROAD |
23 Aug 2023 | £121,059 | £120,000 | FLAT 11 CLIFF HOUSE, 2 - 3 SHOREFIELD GARDENS |
29 Jun 2023 | £334,046 | £330,000 | FLAT 34 WATERS EDGE SHOREFIELD ROAD |
23 Jun 2023 | £30,368 | £30,000 | 6 PALMEIRA PARADE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Feb 2018. Using an estimated price of £355,486 means this house is valued at £5,642 per sq meter (£524 per sq foot).
The average size of a house on SHOREFIELD ROAD is 72 sq meters (776 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Palmeira Avenue |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Palmeira Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmeira Avenue |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palmeira Avenue |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Avenue |