£425,436
This estimated value is based upon the latest sale price for the house of £360,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
Price Paid | Date |
---|---|
£360,000 | 16 Oct 2020 |
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 October 2020 the House Price Index for THURROCK was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £360,000 results in an estimated price of approximately £425,436.
16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £360,000 | £65,436 | £425,436 |
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 | 28.820 % | £103,750 | £463,750 |
3 Month Average | -3.797 % | £-13,669 | £346,330 |
6 Month Average | 3.166 % | £11,397 | £371,397 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £428,156 | £415,000 | 121 BLACKSHOTS LANE |
13 Nov 2023 | £446,330 | £435,000 | 31 ASHLEY GARDENS |
28 Apr 2023 | £420,872 | £413,000 | 1 ASHLEY GARDENS |
13 Mar 2023 | £488,152 | £480,000 | 13 RUSHLEY CLOSE |
20 Jan 2023 | £411,098 | £410,000 | 10 FAIRFIELD AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 18 Nov 2019. Using an estimated price of £425,436 means this house is valued at £5,005 per sq meter (£464 per sq foot).
The average size of a house on ASHLEY GARDENS is 98 sq meters (1,058 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Brookman'S Avenue |