£390,113
This estimated value is based upon the latest sale price for the house of £229,995 on 14 May 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 |
|---|---|
| £229,995 | 14 May 2010 |
| £74,995 | 13 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 894 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 May 2010 the House Price Index for THURROCK was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £229,995 results in an estimated price of approximately £390,113.
| 14 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £229,995 | £160,118 | £390,113 |
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 | 93.060 % | £214,033 | £444,028 |
| 3 Month Average | 53.403 % | £122,824 | £352,819 |
| 6 Month Average | 80.674 % | £185,545 | £415,540 |
| 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 |
| 30 Jun 2023 | £746,543 | £737,500 | 293 LONG LANE |
| 5 Apr 2022 | £669,369 | £650,000 | 247 LONG LANE |
| 27 Aug 2021 | £557,808 | £500,000 | 251 LONG LANE |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 1 Mar 2010. Using an estimated price of £390,114 means this house is valued at £4,694 per sq meter (£436 per sq foot).
The average size of a house on BLACKSHOTS LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Lane |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Crowstone Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowstone Road |