£552,291
This estimated value is based upon the latest sale price for the house of £205,000 on 11 Sep 2002. 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 |
|---|---|
| £205,000 | 11 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2002 the House Price Index for THURROCK was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £205,000 results in an estimated price of approximately £552,291.
| 11 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 148.6 | 169.411 % | £205,000 | £347,291 | £552,291 |
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 | 143.254 % | £293,671 | £498,671 |
| 3 Month Average | 97.311 % | £199,487 | £404,487 |
| 6 Month Average | 133.323 % | £273,311 | £478,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £518,078 | £512,500 | 14 REGENT CLOSE |
| 26 Jul 2022 | £434,169 | £433,000 | 33 ALBERT 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 125 sq meters or 1,345 sq feet when measured on 22 Oct 2018. Using an estimated price of £552,292 means this house is valued at £4,418 per sq meter (£410 per sq foot).
The average size of a house on MAYFIELDS is 104 sq meters (1,123 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfields |