£170,115
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Oct 2010. 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 |
|---|---|
| £100,000 | 1 Oct 2010 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,030 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 2010 the House Price Index for THURROCK was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £100,000 results in an estimated price of approximately £170,115.
| 1 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.6 | 70.115 % | £100,000 | £70,115 | £170,115 |
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 | 82.409 % | £82,409 | £182,409 |
| 3 Month Average | 47.637 % | £47,637 | £147,637 |
| 6 Month Average | 74.139 % | £74,139 | £174,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £380,635 | £375,000 | 2 WHITMORE AVENUE |
| 2 Aug 2023 | £403,525 | £399,995 | 55 HEATHLAND WAY |
| 26 Aug 2022 | £398,926 | £400,000 | 13 CHAFFORD WAY |
| 14 Jan 2022 | £378,867 | £360,000 | 27 CHAFFORD WAY |
| 15 Sep 2021 | £344,830 | £320,000 | 19 HEATHLAND WAY |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 18 Aug 2010. Using an estimated price of £170,115 means this house is valued at £1,776 per sq meter (£165 per sq foot).
The average size of a house on WHITMORE AVENUE is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chafford Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chafford Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chafford Way |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chafford Way |
| Feb 2024 | Anti-social behaviour | On or near Chafford Way |