£421,346
This estimated value is based upon the latest sale price for the house of £340,000 on 19 Jul 2018. 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 |
|---|---|
| £340,000 | 19 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 July 2018 the House Price Index for THURROCK was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £340,000 results in an estimated price of approximately £421,346.
| 19 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £340,000 | £81,346 | £421,346 |
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 | 26.152 % | £88,916 | £428,916 |
| 3 Month Average | -6.049 % | £-20,567 | £319,432 |
| 6 Month Average | 9.560 % | £32,503 | £372,503 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Feb 2023 | £444,701 | £445,000 | 13 ELMWAY |
| 20 Oct 2022 | £420,473 | £425,000 | 60 MEADOW ROAD |
| 17 Jun 2022 | £542,669 | £535,000 | 5 THE FIRS |
| 29 Apr 2022 | £401,622 | £390,000 | 142 WHITMORE AVENUE |
| 1 Apr 2022 | £437,665 | £425,000 | 199 WHITMORE AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 23 Apr 2018. Using an estimated price of £421,347 means this house is valued at £4,579 per sq meter (£425 per sq foot).
The average size of a house on WHITMORE AVENUE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakway |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakway |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Oakway |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oakway |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elmway |