£384,766
This estimated value is based upon the latest sale price for the house of £375,000 on 23 Nov 2023. 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 |
|---|---|
| £375,000 | 23 Nov 2023 |
| Terraced |
| 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 November 2023 the House Price Index for THURROCK was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £375,000 results in an estimated price of approximately £384,766.
| 23 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £375,000 | £9,766 | £384,766 |
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 | -0.545 % | £-2,044 | £372,955 |
| 3 Month Average | -7.804 % | £-29,263 | £345,736 |
| 6 Month Average | -8.928 % | £-33,480 | £341,519 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £395,434 | £392,000 | 37 WHITMORE AVENUE |
| 21 Dec 2023 | £422,998 | £410,000 | 111 HEATHLAND WAY |
| 23 Nov 2023 | £384,767 | £375,000 | 2 WHITMORE AVENUE |
| 2 Aug 2023 | £407,342 | £399,995 | 55 HEATHLAND WAY |
| 26 Aug 2022 | £401,879 | £400,000 | 13 CHAFFORD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Chafford Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chafford Way |
| Jul 2024 | Anti-social behaviour | On or near St Annes Close | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Annes Close |