£401,254
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Dec 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 |
---|---|
£250,000 | 10 Dec 2013 |
£235,000 | 2 Sep 2010 |
£114,500 | 14 Feb 2002 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,219 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 December 2013 the House Price Index for THURROCK was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £250,000 results in an estimated price of approximately £401,254.
10 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £250,000 | £151,254 | £401,254 |
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 | 82.302 % | £205,755 | £455,755 |
3 Month Average | 38.543 % | £96,358 | £346,358 |
6 Month Average | 64.098 % | £160,243 | £410,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £433,586 | £426,000 | 6 MEADOW ROAD |
14 Apr 2023 | £381,103 | £377,000 | 1 LEASWAY |
7 Feb 2023 | £444,701 | £445,000 | 13 ELMWAY |
20 Oct 2022 | £420,473 | £425,000 | 60 MEADOW ROAD |
17 Jun 2022 | £542,669 | £535,000 | 5 THE FIRS |
This house has a floor area of 113 sq meters or 1,219 sq feet when measured on 22 May 2010. Using an estimated price of £401,254 means this house is valued at £3,540 per sq meter (£328 per sq foot).
The average size of a house on LEASWAY is 111 sq meters (1,205 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Leasway |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leasway |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Meadow Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Firs |