£448,031
This estimated value is based upon the latest sale price for the house of £387,500 on 2 Dec 2020. 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 |
---|---|
£387,500 | 2 Dec 2020 |
£184,500 | 5 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 December 2020 the House Price Index for THURROCK was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £387,500 results in an estimated price of approximately £448,031.
2 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £387,500 | £60,531 | £448,031 |
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 | 28.319 % | £109,734 | £497,234 |
3 Month Average | 0.635 % | £2,462 | £389,962 |
6 Month Average | -0.222 % | £-861 | £386,638 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £355,461 | £350,000 | 38 LAIRD AVENUE |
13 Oct 2023 | £547,433 | £535,000 | 42 HIGHFIELD GARDENS |
28 Sep 2022 | £382,744 | £383,000 | 66 HIGHFIELD GARDENS |
29 Jun 2022 | £444,502 | £435,000 | 23 HIGHFIELD GARDENS |
28 Jun 2022 | £383,191 | £375,000 | 74 HIGHFIELD GARDENS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Feb 2019. Using an estimated price of £448,031 means this house is valued at £4,923 per sq meter (£457 per sq foot).
The average size of a house on HIGHFIELD GARDENS is 97 sq meters (1,053 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Cherrydown |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherrydown |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laird Avenue |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Laird Avenue |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Laird Avenue |