£403,146
This estimated value is based upon the latest sale price for the house of £280,000 on 26 Aug 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 |
---|---|
£280,000 | 26 Aug 2015 |
£76,500 | 31 May 1996 |
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 August 2015 the House Price Index for THURROCK was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £280,000 results in an estimated price of approximately £403,146.
26 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £280,000 | £123,146 | £403,146 |
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 | 60.862 % | £170,413 | £450,413 |
3 Month Average | 34.775 % | £97,368 | £377,368 |
6 Month Average | 40.287 % | £112,803 | £392,803 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £752,582 | £737,500 | 293 LONG LANE |
13 Mar 2023 | £397,641 | £391,000 | 1 RUSHLEY CLOSE |
13 Mar 2023 | £488,152 | £480,000 | 13 RUSHLEY CLOSE |
12 Jan 2023 | £388,037 | £387,000 | 28 RUSHLEY CLOSE |
5 Aug 2022 | £460,152 | £458,000 | 285 LONG LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 27 Feb 2015. Using an estimated price of £403,146 means this house is valued at £4,977 per sq meter (£462 per sq foot).
The average size of a house on RUSHLEY CLOSE is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Brookman'S Avenue |