£414,470
This estimated value is based upon the latest sale price for the house of £290,000 on 4 Sep 2015. 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 |
|---|---|
| £290,000 | 4 Sep 2015 |
| £198,000 | 12 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2015 the House Price Index for THURROCK was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £290,000 results in an estimated price of approximately £414,470.
| 4 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £290,000 | £124,470 | £414,470 |
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 | 79.717 % | £231,179 | £521,179 |
| 3 Month Average | 34.086 % | £98,848 | £388,848 |
| 6 Month Average | 39.772 % | £115,337 | £405,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £513,023 | £500,000 | 28 WINDSOR AVENUE |
| 16 Nov 2023 | £607,419 | £592,000 | 17 MEAD CLOSE |
| 13 Oct 2023 | £196,974 | £192,500 | 48 WINDSOR AVENUE |
| 18 Mar 2022 | £574,163 | £550,000 | 42 WINDSOR AVENUE |
| 10 Mar 2022 | £365,377 | £350,000 | 8 MEAD CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Apr 2012. Using an estimated price of £414,470 means this house is valued at £5,116 per sq meter (£475 per sq foot).
The average size of a house on WINDSOR AVENUE is 127 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bodell Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mead Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobham |
| Jul 2024 | Theft from the person | Under investigation | On or near Harvey |