£409,016
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Sep 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 |
|---|---|
| £400,000 | 27 Sep 2023 |
| £272,500 | 24 Mar 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2023 the House Price Index for THURROCK was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £400,000 results in an estimated price of approximately £409,016.
| 27 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £400,000 | £9,016 | £409,016 |
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 | -8.406 % | £-33,625 | £366,374 |
| 3 Month Average | 1.726 % | £6,903 | £406,903 |
| 6 Month Average | -7.088 % | £-28,350 | £371,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £255,635 | £250,000 | 54 COOPER HOUSE WOODSIDE CLOSE |
| 6 Apr 2023 | £413,739 | £406,000 | 4 COLBURN WAY |
| 23 Aug 2022 | £421,973 | £420,000 | 21 WOODSIDE CLOSE |
| 26 Jan 2022 | £384,852 | £363,000 | 102 WOODSIDE CLOSE |
| 22 Nov 2021 | £430,360 | £395,000 | 6 COLBURN WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 9 Feb 2016.
The average size of a house on GRANGEWICK ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Colburn Way |
| Oct 2024 | Possession of weapons | Local resolution | On or near Woodside Close |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodside Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodside Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodside Close |