£430,846
This estimated value is based upon the latest sale price for the house of £247,500 on 25 Jul 2011. 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 |
---|---|
£247,500 | 25 Jul 2011 |
£249,000 | 9 May 2007 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 July 2011 the House Price Index for THURROCK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £247,500 results in an estimated price of approximately £430,846.
25 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £247,500 | £183,346 | £430,846 |
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 | 132.291 % | £327,419 | £574,919 |
3 Month Average | 74.499 % | £184,385 | £431,885 |
6 Month Average | 68.504 % | £169,547 | £417,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £189,918 | £187,000 | FLAT 41 COLLIER COURT CRAMMAVILL STREET |
20 Dec 2023 | £464,266 | £450,000 | 32 FAIRWAY |
1 Jul 2022 | £146,468 | £145,000 | FLAT 40 COLLIER COURT CRAMMAVILL STREET |
27 May 2022 | £462,037 | £450,000 | 9 FAIRWAY |
4 Mar 2022 | £156,590 | £150,000 | FLAT 15 COLLIER COURT CRAMMAVILL STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 10 Mar 2010. Using an estimated price of £430,847 means this house is valued at £4,026 per sq meter (£374 per sq foot).
The average size of a house on FARROW GARDENS is 116 sq meters (1,253 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairway |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Fairway |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairway |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |