£320,577
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Jun 2021. 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 |
|---|---|
| £300,000 | 30 Jun 2021 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 June 2021 the House Price Index for THURROCK was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £300,000 results in an estimated price of approximately £320,577.
| 30 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £300,000 | £20,577 | £320,577 |
The Postcode Pricing Model uses changes in average sales price within the RM17 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 | -5.116 % | £-15,346 | £284,653 |
| 3 Month Average | 23.932 % | £71,795 | £371,795 |
| 6 Month Average | 8.226 % | £24,677 | £324,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £350,129 | £348,000 | 16 CHADWELL ROAD |
| 31 Jan 2023 | £262,792 | £265,100 | 35 COLLEGE ROAD |
| 20 Sep 2022 | £459,413 | £465,000 | 57 PALMERS DRIVE |
| 7 Jun 2022 | £535,427 | £530,000 | 1 ADDISON GARDENS |
| 11 Feb 2022 | £355,116 | £340,000 | 22 COLLEGE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 Feb 2020. Using an estimated price of £320,578 means this house is valued at £3,271 per sq meter (£303 per sq foot).
The average size of a house on CHADWELL ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Addison Gardens |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Addison Gardens |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Addison Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walpole Close |
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Walpole Close |