£461,837
This estimated value is based upon the latest sale price for the house of £455,000 on 8 Nov 2023. 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 |
|---|---|
| £455,000 | 8 Nov 2023 |
| £204,995 | 12 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2023 the House Price Index for THURROCK was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £455,000 results in an estimated price of approximately £461,837.
| 8 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £455,000 | £6,837 | £461,837 |
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 | -16.756 % | £-76,237 | £378,762 |
| 3 Month Average | -21.024 % | £-95,659 | £359,340 |
| 6 Month Average | -9.122 % | £-41,503 | £413,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £497,363 | £490,000 | 98 BLACKSHOTS LANE |
| 8 Nov 2023 | £461,837 | £455,000 | 80D BLACKSHOTS LANE |
| 13 Jul 2022 | £476,282 | £475,000 | 11 BROADVIEW AVENUE |
| 4 Jul 2022 | £596,606 | £595,000 | 9 BLACKSHOTS LANE |
| 27 Jan 2022 | £463,060 | £440,000 | 16 CULFORD ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 3 Sep 2020. Using an estimated price of £461,837 means this house is valued at £3,880 per sq meter (£360 per sq foot).
The average size of a house on BLACKSHOTS LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadview Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadview Avenue |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Blackshots Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Blackshots Lane |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Gardens |