£644,284
This estimated value is based upon the latest sale price for the house of £627,500 on 27 May 2022. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Conrad Gardens
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45 Orsett Road, Grays, RM17 5HJ
Phone: 01372434712
| Price Paid | Date |
|---|---|
| £627,500 | 27 May 2022 |
| £287,000 | 19 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 May 2022 the House Price Index for THURROCK was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £627,500 results in an estimated price of approximately £644,284.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £627,500 | £16,784 | £644,284 |
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 | 0.952 % | £5,975 | £633,475 |
| 3 Month Average | 2.364 % | £14,831 | £642,331 |
| 6 Month Average | 3.695 % | £23,189 | £650,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £655,131 | £635,000 | 245 LODGE LANE |
| 31 Aug 2022 | £502,349 | £500,000 | 6 NUTBERRY AVENUE |
| 15 Jul 2022 | £454,555 | £450,000 | 8 WAVERLEY GARDENS |
| 15 Jul 2022 | £318,188 | £315,000 | 202 LODGE LANE |
| 13 Jul 2022 | £515,162 | £510,000 | 217 LODGE LANE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 18 Oct 2021. Using an estimated price of £644,285 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on LODGE LANE is 121 sq meters (1,309 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Conrad Gardens |
| Aug 2024 | Other crime | Under investigation | On or near Conrad Gardens |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Albemarle Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Albemarle Close |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Albemarle Close |