£417,927
This estimated value is based upon the latest sale price for the house of £330,000 on 11 Dec 2017. 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 |
|---|---|
| £330,000 | 11 Dec 2017 |
| £175,000 | 1 Aug 2012 |
| 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 December 2017 the House Price Index for THURROCK was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £330,000 results in an estimated price of approximately £417,927.
| 11 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £330,000 | £87,927 | £417,927 |
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 | 12.368 % | £40,813 | £370,813 |
| 3 Month Average | 16.116 % | £53,183 | £383,183 |
| 6 Month Average | 18.905 % | £62,385 | £392,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £515,000 | £515,000 | 6 MONTGOMERY CLOSE |
| 8 Mar 2024 | £396,085 | £390,000 | 39 CROWSTONE ROAD |
| 30 Jan 2023 | £391,045 | £390,000 | 142 HEATHVIEW ROAD |
| 30 Jun 2022 | £480,266 | £470,000 | 216 LONG LANE |
| 27 May 2022 | £462,037 | £450,000 | 156 HEATHVIEW ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Mar 2016. Using an estimated price of £417,927 means this house is valued at £5,159 per sq meter (£479 per sq foot).
The average size of a house on HEATHVIEW ROAD is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crowstone Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Crowstone Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heath View Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haven Place |