26, MEAD CLOSE, GRAYS, RM16 2TR - £187,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 MEAD CLOSE is a terraced house, which could now be worth an estimated £435,865. It was last sold for £187,500 in May 2004, which was around 35% above the average May 2004 terraced price in the Thurrock local authority area.

26 MEAD CLOSE Sold Prices

Land registry data shows two sales for 26 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. Both of the two 26 MEAD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 24 MAY	£187,500	£139,061	35% above HPI
1996 29 JAN	£64,000	£45,355	41% above HPI

What might 26 MEAD CLOSE be worth now?

26 MEAD CLOSE might now be worth an estimated £435,865.

This is based on house price inflation of 132.5%, between May 2004 and May 2026, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 132.5% inflationary increase is applied to the most recent sale price for 26 MEAD CLOSE of £187,500 on 24th May 2004. For the value to have increased from £187,500 to £435,865 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 26 MEAD CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The May 2004 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 26 MEAD CLOSE has not materially changed since May 2004.

Where is 26 MEAD CLOSE?

26 MEAD CLOSE is located in GRAYS, in the RM16 postcode district.