£422,363
This estimated value is based upon the latest sale price for the house of £427,500 on 5 Sep 2022. 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 |
|---|---|
| £427,500 | 5 Sep 2022 |
| £75,000 | 14 May 1998 |
| Semi-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 September 2022 the House Price Index for THURROCK was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £427,500 results in an estimated price of approximately £422,363.
| 5 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £427,500 | £-5,136 | £422,363 |
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 | -1.588 % | £-6,788 | £420,711 |
| 3 Month Average | -19.683 % | £-84,144 | £343,355 |
| 6 Month Average | -6.778 % | £-28,974 | £398,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £351,653 | £345,000 | 30 WHITMORE AVENUE |
| 10 Feb 2023 | £434,943 | £437,000 | 115 PRINCE PHILIP AVENUE |
| 30 Nov 2022 | £383,777 | £390,000 | 129 PRINCE PHILIP AVENUE |
| 5 Sep 2022 | £422,363 | £427,500 | 130 WHITMORE AVENUE |
| 29 Jul 2022 | £479,352 | £480,000 | 77 WHITMORE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitmore Avenue |
| Apr 2024 | Drugs | Under investigation | On or near Whitmore Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitmore Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whitmore Avenue |
| Feb 2024 | Drugs | Unable to prosecute suspect | On or near Whitmore Avenue |