£370,889
This estimated value is based upon the latest sale price for the house of £280,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £280,000 | 14 Oct 2016 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2016 the House Price Index for THURROCK was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £280,000 results in an estimated price of approximately £370,889.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £280,000 | £90,889 | £370,889 |
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 | 35.724 % | £100,028 | £380,028 |
| 3 Month Average | 0.767 % | £2,146 | £282,146 |
| 6 Month Average | 22.059 % | £61,766 | £341,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £386,767 | £380,000 | 40 FLEETHALL GROVE |
| 8 Dec 2023 | £407,123 | £400,000 | 58 PRINCE PHILIP AVENUE |
| 23 Nov 2023 | £380,635 | £375,000 | 2 WHITMORE AVENUE |
| 2 Aug 2023 | £403,525 | £399,995 | 55 HEATHLAND WAY |
| 26 Aug 2022 | £398,926 | £400,000 | 13 CHAFFORD WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 10 Jun 2016. Using an estimated price of £370,890 means this house is valued at £5,535 per sq meter (£514 per sq foot).
The average size of a house on GOURNEY GROVE is 96 sq meters (1,039 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Prince Philip Avenue | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prince Philip Avenue |
| Mar 2024 | Anti-social behaviour | On or near Prince Philip Avenue | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Prince Philip Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prince Philip Avenue |