£399,404
This estimated value is based upon the latest sale price for the house of £348,000 on 18 Dec 2020. 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 |
|---|---|
| £348,000 | 18 Dec 2020 |
| £152,000 | 14 Jun 2001 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2020 the House Price Index for THURROCK was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £348,000 results in an estimated price of approximately £399,404.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £348,000 | £51,404 | £399,404 |
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 | 7.404 % | £25,765 | £373,765 |
| 3 Month Average | -13.795 % | £-48,007 | £299,992 |
| 6 Month Average | -0.434 % | £-1,511 | £346,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £415,593 | £410,000 | 144 HEATHVIEW ROAD |
| 30 Jan 2023 | £388,171 | £390,000 | 142 HEATHVIEW ROAD |
| 30 Jun 2022 | £476,737 | £470,000 | 216 LONG LANE |
| 27 May 2022 | £458,642 | £450,000 | 156 HEATHVIEW ROAD |
| 19 Apr 2022 | £396,473 | £385,000 | 33 CROWSTONE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Sep 2019. Using an estimated price of £399,404 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on CROWSTONE ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Crowstone Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowstone Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Haven Place |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Lane |