£466,487
This estimated value is based upon the latest sale price for the house of £440,000 on 27 Jan 2022. 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 |
|---|---|
| £440,000 | 27 Jan 2022 |
| £217,000 | 27 Jun 2014 |
| Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 January 2022 the House Price Index for THURROCK was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £440,000 results in an estimated price of approximately £466,487.
| 27 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £440,000 | £26,487 | £466,487 |
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 | 94.728 % | £416,802 | £856,802 |
| 3 Month Average | 3.984 % | £17,531 | £457,531 |
| 6 Month Average | 4.435 % | £19,513 | £459,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £567,436 | £550,000 | 13 BLACKSHOTS LANE |
| 30 Nov 2023 | £502,762 | £490,000 | 98 BLACKSHOTS LANE |
| 8 Nov 2023 | £466,851 | £455,000 | 80D BLACKSHOTS LANE |
| 8 Sep 2023 | £357,889 | £350,000 | 15 CULFORD ROAD |
| 4 Jul 2022 | £601,022 | £595,000 | 9 BLACKSHOTS LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 28 Oct 2014. Using an estimated price of £466,487 means this house is valued at £8,042 per sq meter (£747 per sq foot).
The average size of a house on CULFORD ROAD is 91 sq meters (987 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Culford Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Haven Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadview Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Turp Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Heath View Road |