£590,909
This estimated value is based upon the latest sale price for the house of £142,500 on 22 Oct 1999. 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 |
|---|---|
| £142,500 | 22 Oct 1999 |
| Detached |
| Freehold |
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 October 1999 the House Price Index for THURROCK was 35.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 314.674%.Applying this 314.674% change to the original purchase price of £142,500 results in an estimated price of approximately £590,909.
| 22 Oct 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.8 | 148.6 | 314.674 % | £142,500 | £448,409 | £590,909 |
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 | 319.718 % | £455,598 | £598,098 |
| 3 Month Average | 232.658 % | £331,536 | £474,036 |
| 6 Month Average | 285.119 % | £406,294 | £548,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 25 Feb 2022 | £422,624 | £403,000 | 31 MARLBOROUGH CLOSE |
| 10 Dec 2021 | £494,976 | £462,000 | 17 MAYFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Marlborough Close | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfields |