£586,768
This estimated value is based upon the latest sale price for the house of £129,950 on 12 Mar 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 |
|---|---|
| £129,950 | 12 Mar 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 March 1999 the House Price Index for THURROCK was 33.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 351.534%.Applying this 351.534% change to the original purchase price of £129,950 results in an estimated price of approximately £586,768.
| 12 Mar 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.2 | 149.7 | 351.534 % | £129,950 | £456,818 | £586,768 |
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 | 403.804 % | £524,743 | £654,693 |
| 3 Month Average | 307.776 % | £399,955 | £529,905 |
| 6 Month Average | 304.349 % | £395,500 | £525,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £577,753 | £560,000 | 20 CHESTNUT AVENUE |
| 5 Dec 2023 | £433,315 | £420,000 | 18 CHESTNUT AVENUE |
| 22 Sep 2023 | £585,405 | £572,500 | 24 CHESTNUT AVENUE |
| 30 Jun 2023 | £826,564 | £810,000 | 21 CONNAUGHT AVENUE |
| 10 May 2022 | £587,300 | £572,000 | 70 CHESTNUT AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bodell Close |
| Jun 2024 | Other crime | Action to be taken by another organisation | On or near Lodge Lane |
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Lodge Lane |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lodge Lane |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Lodge Lane |