£419,565
This estimated value is based upon the latest sale price for the house of £247,500 on 7 Jan 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 |
|---|---|
| £247,500 | 7 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 January 2013 the House Price Index for THURROCK was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £247,500 results in an estimated price of approximately £419,565.
| 7 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £247,500 | £172,065 | £419,565 |
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 | 91.474 % | £226,399 | £473,899 |
| 3 Month Average | 50.196 % | £124,234 | £371,734 |
| 6 Month Average | 71.565 % | £177,123 | £424,623 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £351,144 | £345,000 | 30 WHITMORE AVENUE |
| 17 Nov 2023 | £456,762 | £450,000 | 64 FAIRWAY |
| 10 Feb 2023 | £436,706 | £437,000 | 115 PRINCE PHILIP AVENUE |
| 30 Nov 2022 | £385,332 | £390,000 | 129 PRINCE PHILIP AVENUE |
| 5 Sep 2022 | £424,075 | £427,500 | 130 WHITMORE AVENUE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 27 Jul 2012. Using an estimated price of £419,565 means this house is valued at £3,496 per sq meter (£324 per sq foot).
The average size of a house on FAIRWAY is 116 sq meters (1,250 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Blackthorn Road | |
| Feb 2024 | Anti-social behaviour | On or near Blackthorn Road | |
| Feb 2024 | Anti-social behaviour | On or near Blackthorn Road | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitmore Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Whitmore Avenue |