£357,141
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Jul 2013. 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 |
|---|---|
| £215,000 | 11 Jul 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2013 the House Price Index for THURROCK was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £215,000 results in an estimated price of approximately £357,141.
| 11 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £215,000 | £142,141 | £357,141 |
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 | 77.778 % | £167,222 | £382,222 |
| 3 Month Average | 46.995 % | £101,038 | £316,038 |
| 6 Month Average | 68.854 % | £148,036 | £363,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £380,635 | £375,000 | 53 PARKSIDE |
| 17 Jul 2023 | £435,866 | £430,000 | 3 PARKSIDE |
| 5 Jul 2023 | £567,640 | £560,000 | 31 WOOD VIEW |
| 30 Mar 2022 | £492,225 | £475,000 | 13 WOOD VIEW |
| 16 Feb 2022 | £719,404 | £686,000 | 51 WOOD VIEW |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 6 Aug 2014. Using an estimated price of £357,141 means this house is valued at £6,377 per sq meter (£592 per sq foot).
The average size of a house on PARKSIDE is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hazel Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wood View |
| Apr 2024 | Public order | Under investigation | On or near B149 |