3, PADDOCK CLOSE, ORSETT, GRAYS, RM16 3DL - £450,000

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.

3 PADDOCK CLOSE is a detached house, which could now be worth an estimated £954,019. It was last sold for £450,000 in August 2004, which was around 60% above the average August 2004 detached price in the Thurrock local authority area.

3 PADDOCK CLOSE Sold Prices

Land registry data shows two sales for 3 PADDOCK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 3 PADDOCK 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 23 AUG	£450,000	£280,932	60% above HPI
1997 14 OCT	£203,000	£105,077	93% above HPI

What might 3 PADDOCK CLOSE be worth now?

3 PADDOCK CLOSE might now be worth an estimated £954,019.

This is based on house price inflation of 112%, between August 2004 and July 2026, for detached 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 112% inflationary increase is applied to the most recent sale price for 3 PADDOCK CLOSE of £450,000 on 23rd August 2004. For the value to have increased from £450,000 to £954,019 over the 22 years and one month to July 2026, the following assumptions must hold true:

• The value of 3 PADDOCK CLOSE has moved in line with the HPI for detached houses in the Thurrock local authority area.
• The August 2004 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PADDOCK CLOSE has not materially changed since August 2004.

Where is 3 PADDOCK CLOSE?

3 PADDOCK CLOSE is located in ORSETT, in the RM16 postcode district.