£389,689
This estimated value is based upon the latest sale price for the house of £96,000 on 13 Dec 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 |
|---|---|
| £96,000 | 13 Dec 1999 |
| Semi-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 December 1999 the House Price Index for THURROCK was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £96,000 results in an estimated price of approximately £389,689.
| 13 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £96,000 | £293,689 | £389,689 |
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 | 337.614 % | £324,109 | £420,109 |
| 3 Month Average | 268.014 % | £257,293 | £353,293 |
| 6 Month Average | 279.786 % | £268,594 | £364,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £557,119 | £540,000 | 239 BLACKSHOTS LANE |
| 27 Oct 2023 | £427,714 | £418,000 | 236 BLACKSHOTS LANE |
| 21 Apr 2023 | £352,595 | £346,000 | 213 BLACKSHOTS LANE |
| 7 Feb 2023 | £447,993 | £445,000 | 13 ELMWAY |
| 29 Apr 2022 | £404,595 | £390,000 | 142 WHITMORE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Elmway |
| May 2024 | Violence and sexual offences | Under investigation | On or near Oakway |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakway |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Firs |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Firs |