£660,595
This estimated value is based upon the latest sale price for the house of £385,000 on 4 Feb 2010. 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 |
---|---|
£385,000 | 4 Feb 2010 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,668 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 February 2010 the House Price Index for THURROCK was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £385,000 results in an estimated price of approximately £660,595.
4 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £385,000 | £275,595 | £660,595 |
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 | 107.439 % | £413,638 | £798,638 |
3 Month Average | 85.362 % | £328,644 | £713,644 |
6 Month Average | 82.276 % | £316,761 | £701,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £577,753 | £560,000 | 20 CHESTNUT AVENUE |
5 Dec 2023 | £433,315 | £420,000 | 18 CHESTNUT AVENUE |
21 Nov 2023 | £513,023 | £500,000 | 28 WINDSOR AVENUE |
13 Oct 2023 | £196,974 | £192,500 | 48 WINDSOR AVENUE |
29 Sep 2023 | £383,453 | £375,000 | 53 CONNAUGHT AVENUE |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 23 Jun 2009. Using an estimated price of £660,595 means this house is valued at £4,261 per sq meter (£395 per sq foot).
The average size of a house on CHESTNUT AVENUE is 120 sq meters (1,298 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crouchman Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crouchman Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crouchman Close |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bodell Close |