£411,952
This estimated value is based upon the latest sale price for the house of £239,000 on 6 Dec 2011. 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 |
|---|---|
| £239,000 | 6 Dec 2011 |
| £239,995 | 26 Feb 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2011 the House Price Index for THURROCK was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £239,000 results in an estimated price of approximately £411,952.
| 6 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £239,000 | £172,952 | £411,952 |
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 | 81.488 % | £194,756 | £433,756 |
| 3 Month Average | 42.057 % | £100,515 | £339,515 |
| 6 Month Average | 68.494 % | £163,699 | £402,699 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £383,354 | £380,000 | 115 VICTORIA AVENUE |
| 20 Apr 2023 | £518,078 | £512,500 | 14 REGENT CLOSE |
| 28 Jun 2022 | £481,809 | £475,000 | 19 MAYFIELDS |
| 21 Jun 2022 | £456,451 | £450,000 | 8 MAYFIELDS |
| 29 Apr 2022 | £420,158 | £408,000 | 11 MAYFIELDS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 7 Dec 2016. Using an estimated price of £411,952 means this house is valued at £3,404 per sq meter (£316 per sq foot).
The average size of a house on REGENT CLOSE is 170 sq meters (1,829 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Crouchman Close |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Mayfields |