£419,472
This estimated value is based upon the latest sale price for the house of £293,500 on 25 Sep 2015. 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 |
|---|---|
| £293,500 | 25 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for THURROCK was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £293,500 results in an estimated price of approximately £419,472.
| 25 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £293,500 | £125,972 | £419,472 |
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 | 52.282 % | £153,449 | £446,949 |
| 3 Month Average | 49.131 % | £144,199 | £437,699 |
| 6 Month Average | 49.359 % | £144,869 | £438,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £400,000 | £400,000 | 3 COLBURN WAY |
| 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 104 sq meters or 1,119 sq feet when measured on 12 Aug 2015. Using an estimated price of £419,472 means this house is valued at £4,033 per sq meter (£374 per sq foot).
The average size of a house on GRANGEWICK ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Grangewick Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grangewick Road |
| Aug 2024 | Anti-social behaviour | On or near Grangewick Road | |
| Aug 2024 | Anti-social behaviour | On or near Grangewick Road | |
| Aug 2024 | Anti-social behaviour | On or near Grangewick Road |