£414,476
This estimated value is based upon the latest sale price for the house of £290,000 on 28 Aug 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 |
|---|---|
| £290,000 | 28 Aug 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 August 2015 the House Price Index for THURROCK was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £290,000 results in an estimated price of approximately £414,476.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £290,000 | £124,476 | £414,476 |
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 | 34.643 % | £100,464 | £390,464 |
| 3 Month Average | 15.449 % | £44,801 | £334,801 |
| 6 Month Average | 39.989 % | £115,968 | £405,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £350,000 | £350,000 | 38 LAIRD AVENUE |
| 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 |
| 31 Mar 2022 | £381,345 | £368,000 | 46 LAIRD AVENUE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 10 Apr 2015. Using an estimated price of £414,476 means this house is valued at £3,425 per sq meter (£318 per sq foot).
The average size of a house on BROADVIEW AVENUE is 130 sq meters (1,410 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 |