£520,974
This estimated value is based upon the latest sale price for the house of £352,500 on 16 Feb 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 |
|---|---|
| £352,500 | 16 Feb 2015 |
| £210,000 | 31 Jul 2009 |
| £210,000 | 31 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 February 2015 the House Price Index for THURROCK was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £352,500 results in an estimated price of approximately £520,974.
| 16 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £352,500 | £168,474 | £520,974 |
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 | 52.291 % | £184,324 | £536,824 |
| 3 Month Average | 29.406 % | £103,657 | £456,157 |
| 6 Month Average | 51.715 % | £182,295 | £534,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £379,857 | £375,000 | 53 CONNAUGHT AVENUE |
| 30 Jun 2023 | £819,932 | £810,000 | 21 CONNAUGHT AVENUE |
| 29 Jun 2023 | £814,871 | £805,000 | 87 CONNAUGHT AVENUE |
| 26 Jul 2022 | £434,169 | £433,000 | 33 ALBERT CLOSE |
| 29 Apr 2022 | £420,158 | £408,000 | 11 MAYFIELDS |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 18 Jul 2014. Using an estimated price of £520,975 means this house is valued at £3,887 per sq meter (£361 per sq foot).
The average size of a house on CONNAUGHT AVENUE is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodcutters Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayfields |