£450,130
This estimated value is based upon the latest sale price for the house of £368,000 on 27 May 2020. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Fairway
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £368,000 | 27 May 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 May 2020 the House Price Index for THURROCK was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £368,000 results in an estimated price of approximately £450,130.
| 27 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £368,000 | £82,130 | £450,130 |
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 | 35.483 % | £130,577 | £498,577 |
| 3 Month Average | -0.402 % | £-1,480 | £366,519 |
| 6 Month Average | 11.784 % | £43,366 | £411,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £456,762 | £450,000 | 64 FAIRWAY |
| 6 Jun 2023 | £354,292 | £350,000 | 13 THE PINES |
| 1 Jul 2022 | £145,391 | £145,000 | FLAT 40 COLLIER COURT CRAMMAVILL STREET |
| 4 Mar 2022 | £155,439 | £150,000 | FLAT 15 COLLIER COURT CRAMMAVILL STREET |
| 1 Feb 2022 | £214,982 | £205,000 | FLAT 36 COLLIER COURT CRAMMAVILL STREET |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 14 Nov 2019. Using an estimated price of £450,131 means this house is valued at £5,173 per sq meter (£480 per sq foot).
The average size of a house on FAIRWAY is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Fairway |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairway |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairway |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |