£425,802
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Sep 2006. 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 |
|---|---|
| £250,000 | 4 Sep 2006 |
| 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 September 2006 the House Price Index for THURROCK was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £250,000 results in an estimated price of approximately £425,802.
| 4 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £250,000 | £175,802 | £425,802 |
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 | 94.231 % | £235,578 | £485,578 |
| 3 Month Average | 51.645 % | £129,112 | £379,112 |
| 6 Month Average | 78.126 % | £195,313 | £445,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £551,683 | £545,000 | 9A PARKSIDE |
| 20 Apr 2023 | £454,898 | £450,000 | 16 BLACKSHOTS LANE |
| 4 Jul 2022 | £596,606 | £595,000 | 9 BLACKSHOTS LANE |
| 20 May 2022 | £535,082 | £525,000 | 20A DENECROFT GARDENS |
| 17 Dec 2021 | £583,901 | £545,000 | 76 BLACKSHOTS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Other theft | Under investigation | On or near Petrol Station |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |