8, ALBERT CLOSE, GRAYS, RM16 2RB - £240,000

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.

8 ALBERT CLOSE is a terraced house, which could now be worth an estimated £487,363. It was last sold for £240,000 in December 2006, which was around 50% above the average December 2006 terraced price in the Thurrock local authority area.

8 ALBERT CLOSE Sold Prices

Land registry data shows two sales for 8 ALBERT 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 8 ALBERT 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
2006 21 DEC	£240,000	£160,239	50% above HPI
2002 9 JAN	£147,500	£90,346	63% above HPI

What might 8 ALBERT CLOSE be worth now?

8 ALBERT CLOSE might now be worth an estimated £487,363.

This is based on house price inflation of 103.1%, between December 2006 and April 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 103.1% inflationary increase is applied to the most recent sale price for 8 ALBERT CLOSE of £240,000 on 21st December 2006. For the value to have increased from £240,000 to £487,363 over the twenty years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 ALBERT CLOSE has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The December 2006 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ALBERT CLOSE has not materially changed since December 2006.

Where is 8 ALBERT CLOSE?

8 ALBERT CLOSE is located in GRAYS, in the RM16 postcode district.