£462,691
This estimated value is based upon the latest sale price for the house of £377,300 on 31 Oct 2019. 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 |
|---|---|
| £377,300 | 31 Oct 2019 |
| £250,000 | 21 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2019 the House Price Index for THURROCK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £377,300 results in an estimated price of approximately £462,691.
| 31 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £377,300 | £85,391 | £462,691 |
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 | 2.072 % | £7,816 | £385,116 |
| 3 Month Average | -5.091 % | £-19,208 | £358,091 |
| 6 Month Average | 6.342 % | £23,929 | £401,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £350,000 | £350,000 | 38 LAIRD AVENUE |
| 30 Nov 2023 | £497,363 | £490,000 | 98 BLACKSHOTS LANE |
| 8 Nov 2023 | £461,837 | £455,000 | 80D BLACKSHOTS LANE |
| 13 Jul 2022 | £476,282 | £475,000 | 11 BROADVIEW AVENUE |
| 28 Jun 2022 | £380,375 | £375,000 | 74 HIGHFIELD GARDENS |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 30 Aug 2018. Using an estimated price of £462,692 means this house is valued at £4,131 per sq meter (£383 per sq foot).
The average size of a house on BROADVIEW AVENUE is 130 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadview Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadview Avenue |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |