£315,810
This estimated value is based upon the latest sale price for the house of £174,995 on 28 Aug 2009. This value is then adjusted by the current Official House Price Index for THURROCK 1
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £174,995 | 28 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 953 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 August 2009 the House Price Index for THURROCK was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £174,995 results in an estimated price of approximately £315,810.
| 28 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £174,995 | £140,815 | £315,810 |
The Postcode Pricing Model uses changes in average sales price within the RM16 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 | 94.690 % | £165,702 | £340,697 |
| 3 Month Average | 53.830 % | £94,199 | £269,194 |
| 6 Month Average | 77.628 % | £135,845 | £310,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jul 2022 | £145,391 | £145,000 | FLAT 40 COLLIER COURT CRAMMAVILL STREET |
| 27 May 2022 | £458,642 | £450,000 | 9 FAIRWAY |
| 4 Mar 2022 | £155,439 | £150,000 | FLAT 15 COLLIER COURT CRAMMAVILL STREET |
| 1 Feb 2022 | £214,982 | £205,000 | FLAT 36 COLLIER COURT CRAMMAVILL STREET |
| 21 Jan 2022 | £473,584 | £450,000 | 10 FAIRWAY |
This house has a floor area of 88 sq meters or 953 sq feet when measured on 31 Mar 2009. Using an estimated price of £315,811 means this house is valued at £3,564 per sq meter (£331 per sq foot).
The average size of a house on FARROW GARDENS is 116 sq meters (1,253 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farrow Gardens |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Farrow Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farrow Gardens |
| Apr 2024 | Shoplifting | Under investigation | On or near Fairway |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairway |