£394,113
This estimated value is based upon the latest sale price for the house of £214,995 on 16 Aug 2005. 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 |
|---|---|
| £214,995 | 16 Aug 2005 |
| £140,000 | 14 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2005 the House Price Index for THURROCK was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £214,995 results in an estimated price of approximately £394,113.
| 16 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £214,995 | £179,118 | £394,113 |
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 | 79.820 % | £171,607 | £386,602 |
| 3 Month Average | 45.000 % | £96,747 | £311,742 |
| 6 Month Average | 68.585 % | £147,455 | £362,450 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £433,832 | £435,000 | 5 ALBERT CLOSE |
| 26 Jul 2022 | £434,169 | £433,000 | 33 ALBERT CLOSE |
| 28 Jun 2022 | £481,809 | £475,000 | 19 MAYFIELDS |
| 21 Jun 2022 | £456,451 | £450,000 | 8 MAYFIELDS |
| 17 Jun 2022 | £562,956 | £555,000 | 25 ALBERT CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 Oct 2014. Using an estimated price of £394,113 means this house is valued at £4,806 per sq meter (£446 per sq foot).
The average size of a house on MAYFIELDS is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Mayfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfields |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfields |