£528,814
This estimated value is based upon the latest sale price for the house of £370,000 on 14 Aug 2015. 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 |
|---|---|
| £370,000 | 14 Aug 2015 |
| Semi-Detached |
| Freehold |
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 August 2015 the House Price Index for THURROCK was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £370,000 results in an estimated price of approximately £528,814.
| 14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £370,000 | £158,814 | £528,814 |
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 | 34.643 % | £128,178 | £498,178 |
| 3 Month Average | 15.449 % | £57,160 | £427,160 |
| 6 Month Average | 39.989 % | £147,959 | £517,959 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Mar 2023 | £469,423 | £465,000 | 111 SOUTHEND ROAD |
| 25 Jan 2023 | £1,169,491 | £1,175,000 | UNIT 2 MOTHERWELL WAY |
| 11 Jul 2022 | £466,255 | £465,000 | 127 SOUTHEND ROAD |
| 1 Jul 2022 | £401,080 | £400,000 | 153 SOUTHEND ROAD |
| 8 Dec 2020 | £424,654 | £370,000 | 9 OVAL GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Close |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Albert Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Albert Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claremont Close |