£418,223
This estimated value is based upon the latest sale price for the house of £335,000 on 20 Jul 2018. 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 |
|---|---|
| £335,000 | 20 Jul 2018 |
| £141,995 | 9 Mar 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2018 the House Price Index for THURROCK was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £335,000 results in an estimated price of approximately £418,223.
| 20 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £335,000 | £83,223 | £418,223 |
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 | 58.295 % | £195,287 | £530,287 |
| 3 Month Average | 22.988 % | £77,010 | £412,010 |
| 6 Month Average | 11.571 % | £38,764 | £373,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £328,334 | £320,000 | 82 ROSEDALE ROAD |
| 9 Aug 2023 | £488,816 | £480,000 | 9 BOSCOMBE AVENUE |
| 1 Sep 2022 | £415,722 | £416,000 | 17 BOSCOMBE AVENUE |
| 16 Jun 2022 | £307,575 | £301,000 | 22 ROSEDALE ROAD |
| 29 Apr 2022 | £337,162 | £325,000 | 7 ROSEDALE ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 30 Nov 2017. Using an estimated price of £418,224 means this house is valued at £4,646 per sq meter (£431 per sq foot).
The average size of a house on MEDINA ROAD is 103 sq meters (1,116 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medina Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Medina Road |
| Aug 2024 | Anti-social behaviour | On or near Medina Road | |
| Aug 2024 | Anti-social behaviour | On or near Medina Road | |
| Aug 2024 | Anti-social behaviour | On or near Medina Road |