£390,544
This estimated value is based upon the latest sale price for the house of £364,000 on 21 Jun 2021. 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 |
|---|---|
| £364,000 | 21 Jun 2021 |
| £210,000 | 8 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 June 2021 the House Price Index for THURROCK was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £364,000 results in an estimated price of approximately £390,544.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £364,000 | £26,544 | £390,544 |
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 | 3.583 % | £13,043 | £377,043 |
| 3 Month Average | -18.649 % | £-67,882 | £296,117 |
| 6 Month Average | -4.593 % | £-16,717 | £347,282 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £398,486 | £395,000 | 16 CRAWFORD AVENUE |
| 18 Aug 2023 | £670,869 | £665,000 | 75 WINDSOR AVENUE |
| 7 Jun 2022 | £438,700 | £432,500 | 130 LONG LANE |
| 1 Jun 2022 | £361,103 | £356,000 | 32 HARVEY |
| 29 Sep 2021 | £447,201 | £415,000 | 13 CRAWFORD AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Apr 2016. Using an estimated price of £390,544 means this house is valued at £3,828 per sq meter (£355 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crawford Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crawford Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Crawford Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Crawford Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Harty Close |