£736,518
This estimated value is based upon the latest sale price for the house of £525,000 on 5 Nov 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 |
|---|---|
| £525,000 | 5 Nov 2015 |
| £240,000 | 24 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 950 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 November 2015 the House Price Index for THURROCK was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £525,000 results in an estimated price of approximately £736,518.
| 5 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £525,000 | £211,518 | £736,518 |
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 | 56.101 % | £294,530 | £819,530 |
| 3 Month Average | 24.379 % | £127,988 | £652,988 |
| 6 Month Average | 32.317 % | £169,666 | £694,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jun 2024 | £393,000 | £393,000 | 46 HARVEY |
| 18 Aug 2023 | £677,214 | £665,000 | 75 WINDSOR AVENUE |
| 7 Jun 2022 | £441,947 | £432,500 | 130 LONG LANE |
| 1 Jun 2022 | £363,776 | £356,000 | 32 HARVEY |
| 18 Mar 2022 | £574,163 | £550,000 | 42 WINDSOR AVENUE |
This house has a floor area of 88 sq meters or 950 sq feet when measured on 10 Nov 2010. Using an estimated price of £736,519 means this house is valued at £8,341 per sq meter (£774 per sq foot).
The average size of a house on WINDSOR AVENUE is 127 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cobham |
| Jul 2024 | Theft from the person | Under investigation | On or near Harvey |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Crawford Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crawford Avenue |