£525,529
This estimated value is based upon the latest sale price for the house of £420,000 on 28 Sep 2017. This value is then adjusted by the current Official House Price Index for THURROCK 1
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £420,000 | 28 Sep 2017 |
| £215,000 | 24 Mar 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2017 the House Price Index for THURROCK was 117.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.126%.Applying this 25.126% change to the original purchase price of £420,000 results in an estimated price of approximately £525,529.
| 28 Sep 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 146.7 | 25.126 % | £420,000 | £105,529 | £525,529 |
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 | -28.992 % | £-121,767 | £298,232 |
| 3 Month Average | 17.675 % | £74,233 | £494,233 |
| 6 Month Average | 23.509 % | £98,739 | £518,739 |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 10 Mar 2017.
The average size of a house on LODGE LANE is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lucas Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Conrad Gardens |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Conrad Close |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Conrad Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albemarle Close |