£481,744
This estimated value is based upon the latest sale price for the house of £485,000 on 31 Aug 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 |
|---|---|
| £485,000 | 31 Aug 2022 |
| 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 August 2022 the House Price Index for THURROCK was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £485,000 results in an estimated price of approximately £481,744.
| 31 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £485,000 | £-3,255 | £481,744 |
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 | -23.772 % | £-115,291 | £369,708 |
| 3 Month Average | 8.089 % | £39,229 | £524,229 |
| 6 Month Average | 0.739 % | £3,585 | £488,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £460,000 | £460,000 | 83 CHADWELL ROAD |
| 9 Sep 2022 | £474,232 | £480,000 | 21 MEADWAY |
| 31 Aug 2022 | £481,745 | £485,000 | 17 MEADWAY |
| 16 Feb 2022 | £470,007 | £450,000 | 28 MEADWAY |
| 9 Dec 2021 | £400,144 | £375,000 | 16 HILLSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Chadwell Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hollowfield Avenue |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Hollowfield Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Malvern Road |