15, MONTGOMERY CLOSE, GRAYS, RM16 2ER - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MONTGOMERY CLOSE is a very small semi-detached house of 59m², which could now be worth an estimated £501,199. It was last sold for £315,000 in June 2015, which was around 25% above the average June 2015 semi-detached price in the Thurrock local authority area. The most recent EPC inspection was November 2010, where the current energy rating was B, and the potential energy rating was B.

15 MONTGOMERY CLOSE Sold Prices

Land registry data shows two sales for 15 MONTGOMERY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 15 MONTGOMERY 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
2015 11 JUN	£315,000	£251,221	25% above HPI
2010 9 DEC	£225,000	£197,364	14% above HPI

15 MONTGOMERY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Thurrock local authority area over time, sourced from the HPI. The two 15 MONTGOMERY CLOSE sales from December 2010 and June 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2010 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 MONTGOMERY CLOSE be worth now?

15 MONTGOMERY CLOSE might now be worth an estimated £501,199.

This is based on house price inflation of 59.1%, between June 2015 and December 2024, for semi-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 59.1% inflationary increase is applied to the most recent sale price for 15 MONTGOMERY CLOSE of £315,000 on 11th June 2015. For the value to have increased from £315,000 to £501,199 over the eight years and six months to December 2024, the following assumptions must hold true:

• The value of 15 MONTGOMERY CLOSE has moved in line with the HPI for semi-detached houses in the Thurrock local authority area.
• The June 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MONTGOMERY CLOSE has not materially changed since June 2015.

How Large is 15 MONTGOMERY CLOSE?

15 MONTGOMERY CLOSE is 59m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of semi-detached houses houses in Grays, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grays, and where 15 MONTGOMERY CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 15 MONTGOMERY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grays.

15 MONTGOMERY CLOSE: Plot and Title Map

15 MONTGOMERY CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 15 MONTGOMERY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 MONTGOMERY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 MONTGOMERY CLOSE?

15 MONTGOMERY CLOSE is located in GRAYS, in the RM16 postcode district. The below map shows the position of No. 15 on MONTGOMERY CLOSE.