£332,996
This estimated value is based upon the latest sale price for the house of £192,500 on 28 Feb 2011. 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 |
|---|---|
| £192,500 | 28 Feb 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 716 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 February 2011 the House Price Index for THURROCK was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.985%.Applying this 72.985% change to the original purchase price of £192,500 results in an estimated price of approximately £332,996.
| 28 Feb 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 72.985 % | £192,500 | £140,496 | £332,996 |
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 | 127.531 % | £245,497 | £437,997 |
| 3 Month Average | 66.268 % | £127,566 | £320,066 |
| 6 Month Average | 67.763 % | £130,443 | £322,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £428,156 | £415,000 | 121 BLACKSHOTS LANE |
| 13 Mar 2023 | £397,641 | £391,000 | 1 RUSHLEY CLOSE |
| 12 Jan 2023 | £388,037 | £387,000 | 28 RUSHLEY CLOSE |
| 5 Apr 2022 | £674,324 | £650,000 | 247 LONG LANE |
| 31 Mar 2022 | £401,914 | £385,000 | 9 RUSHLEY CLOSE |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 17 Aug 2010. Using an estimated price of £332,997 means this house is valued at £5,000 per sq meter (£464 per sq foot).
The average size of a house on BLACKSHOTS LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackshots Lane |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blackshots Lane |
| Apr 2024 | Other crime | Further action is not in the public interest | On or near Blackshots Lane |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Blackshots Lane |