£498,490
This estimated value is based upon the latest sale price for the house of £395,000 on 5 Oct 2017. 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 |
|---|---|
| £395,000 | 5 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 2017 the House Price Index for THURROCK was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £395,000 results in an estimated price of approximately £498,490.
| 5 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £395,000 | £103,490 | £498,490 |
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 | 14.965 % | £59,110 | £454,110 |
| 3 Month Average | -3.232 % | £-12,767 | £382,232 |
| 6 Month Average | 15.120 % | £59,724 | £454,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £334,502 | £330,000 | 18 JESMOND ROAD |
| 28 Sep 2022 | £379,932 | £383,000 | 66 HIGHFIELD GARDENS |
| 29 Jun 2022 | £441,236 | £435,000 | 23 HIGHFIELD GARDENS |
| 28 Jun 2022 | £380,375 | £375,000 | 74 HIGHFIELD GARDENS |
| 4 May 2022 | £473,930 | £465,000 | 32 HIGHFIELD GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 20 Feb 2017. Using an estimated price of £498,490 means this house is valued at £4,490 per sq meter (£417 per sq foot).
The average size of a house on CHERRYDOWN is 133 sq meters (1,436 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Cherrydown |
| Mar 2024 | Other crime | Under investigation | On or near Cherrydown |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrydown |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Kerry Road |
| Mar 2024 | Anti-social behaviour | On or near Kerry Road |