£406,084
This estimated value is based upon the latest sale price for the house of £342,000 on 1 Sep 2020. 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 |
|---|---|
| £342,000 | 1 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2020 the House Price Index for THURROCK was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £342,000 results in an estimated price of approximately £406,084.
| 1 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £342,000 | £64,084 | £406,084 |
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 | -4.588 % | £-15,690 | £326,309 |
| 3 Month Average | -14.732 % | £-50,384 | £291,615 |
| 6 Month Average | 5.080 % | £17,372 | £359,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £350,000 | £350,000 | 38 LAIRD AVENUE |
| 8 Nov 2023 | £461,837 | £455,000 | 80D BLACKSHOTS LANE |
| 28 Sep 2022 | £379,932 | £383,000 | 66 HIGHFIELD GARDENS |
| 13 Jul 2022 | £476,282 | £475,000 | 11 BROADVIEW AVENUE |
| 28 Jun 2022 | £380,375 | £375,000 | 74 HIGHFIELD GARDENS |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Mar 2020. Using an estimated price of £406,084 means this house is valued at £4,020 per sq meter (£373 per sq foot).
The average size of a house on BROADVIEW AVENUE is 130 sq meters (1,410 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadview Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadview Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Gardens |