£527,968
This estimated value is based upon the latest sale price for the house of £310,000 on 3 Aug 2012. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £310,000 | 3 Aug 2012 |
| £210,000 | 3 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,362 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 August 2012 the House Price Index for THURROCK was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £310,000 results in an estimated price of approximately £527,968.
| 3 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £310,000 | £217,968 | £527,968 |
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 | 87.036 % | £269,812 | £579,812 |
| 3 Month Average | 45.660 % | £141,544 | £451,544 |
| 6 Month Average | 72.632 % | £225,160 | £535,160 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £334,502 | £330,000 | 18 JESMOND ROAD |
| 28 Sep 2022 | £379,932 | £383,000 | 66 HIGHFIELD GARDENS |
| 29 Jun 2022 | £441,236 | £435,000 | 23 HIGHFIELD GARDENS |
| 28 Jun 2022 | £380,375 | £375,000 | 74 HIGHFIELD GARDENS |
| 4 May 2022 | £473,930 | £465,000 | 32 HIGHFIELD GARDENS |
This house has a floor area of 126 sq meters or 1,362 sq feet when measured on 24 Sep 2011. Using an estimated price of £527,969 means this house is valued at £4,170 per sq meter (£387 per sq foot).
The average size of a house on CHERRYDOWN is 133 sq meters (1,436 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,362 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Cherrydown |
| Mar 2024 | Other crime | Under investigation | On or near Cherrydown |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrydown |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Gardens |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Kerry Road |