£294,776
This estimated value is based upon the latest sale price for the house of £178,000 on 5 Sep 2013. 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 |
|---|---|
| £178,000 | 5 Sep 2013 |
| £167,500 | 17 Feb 2006 |
| £101,500 | 16 Oct 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2013 the House Price Index for THURROCK was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £178,000 results in an estimated price of approximately £294,776.
| 5 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £178,000 | £116,776 | £294,776 |
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 | 77.523 % | £137,991 | £315,991 |
| 3 Month Average | 87.404 % | £155,579 | £333,579 |
| 6 Month Average | 80.484 % | £143,261 | £321,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2024 | £495,000 | £495,000 | 17A MEADOW ROAD |
| 2 May 2024 | £515,000 | £515,000 | 6 MONTGOMERY CLOSE |
| 1 Dec 2023 | £439,505 | £426,000 | 6 MEADOW ROAD |
| 24 Aug 2023 | £386,980 | £380,000 | 115 VICTORIA AVENUE |
| 22 Mar 2022 | £527,186 | £505,000 | 80 VICTORIA AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 6 Jun 2013. Using an estimated price of £294,777 means this house is valued at £5,082 per sq meter (£472 per sq foot).
The average size of a house on LONG LANE is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Long Lane | |
| Oct 2024 | Anti-social behaviour | On or near Long Lane | |
| Oct 2024 | Bicycle theft | Under investigation | On or near Long Lane |
| Aug 2024 | Anti-social behaviour | On or near Long Lane | |
| Aug 2024 | Anti-social behaviour | On or near Long Lane |