£375,552
This estimated value is based upon the latest sale price for the house of £185,000 on 19 May 2004. 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 |
|---|---|
| £185,000 | 19 May 2004 |
| £58,000 | 27 Aug 1996 |
| Terraced |
| 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 May 2004 the House Price Index for THURROCK was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £185,000 results in an estimated price of approximately £375,552.
| 19 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £185,000 | £190,552 | £375,552 |
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 | 114.354 % | £211,554 | £396,554 |
| 3 Month Average | 119.816 % | £221,660 | £406,660 |
| 6 Month Average | 107.014 % | £197,975 | £382,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £400,000 | £400,000 | 6 SOUTHEND ROAD |
| 31 Mar 2023 | £508,492 | £500,000 | 7 SOUTHEND ROAD |
| 14 Feb 2023 | £229,030 | £227,500 | 3 COLLEGE CLOSE |
| 6 Feb 2023 | £367,455 | £365,000 | 1B SOUTHEND ROAD |
| 31 Jan 2023 | £265,810 | £265,100 | 35 COLLEGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near College Road |
| Oct 2024 | Public order | Under investigation | On or near College Road |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near College Road |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |
| Sep 2024 | Other theft | Under investigation | On or near Petrol Station |