£2,550,751
This estimated value is based upon the latest sale price for the house of £2,080,000 on 24 Oct 2019. 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 |
|---|---|
| £2,080,000 | 24 Oct 2019 |
| Detached |
| Freehold |
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 October 2019 the House Price Index for THURROCK was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £2,080,000 results in an estimated price of approximately £2,550,751.
| 24 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £2,080,000 | £470,751 | £2,550,751 |
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 | 2.072 % | £43,093 | £2,123,093 |
| 3 Month Average | -5.091 % | £-105,894 | £1,974,105 |
| 6 Month Average | 6.342 % | £131,919 | £2,211,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £724,754 | £715,000 | 2 BONHAM DRIVE |
| 6 Apr 2023 | £1,971,225 | £1,950,000 | HILL HOUSE FARM HIGH ROAD |
| 31 Mar 2023 | £2,927,582 | £2,900,000 | WHITFIELDS COTTAGE STIFFORD CLAYS ROAD |
| 25 Nov 2022 | £568,118 | £575,000 | 99A HIGH ROAD |
| 21 Oct 2022 | £742,011 | £750,000 | TORS OAK STIFFORD CLAYS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near High Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near High Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Baker Street |