£293,774
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Jan 2011. 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 |
|---|---|
| £170,000 | 20 Jan 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 773 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 January 2011 the House Price Index for THURROCK was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.808%.Applying this 72.808% change to the original purchase price of £170,000 results in an estimated price of approximately £293,774.
| 20 Jan 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.808 % | £170,000 | £123,774 | £293,774 |
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 | 68.353 % | £116,200 | £286,200 |
| 3 Month Average | 86.614 % | £147,244 | £317,244 |
| 6 Month Average | 70.891 % | £120,515 | £290,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £335,000 | £335,000 | 27 TOFT AVENUE |
| 10 Apr 2024 | £305,654 | £303,000 | 23 CHADWELL ROAD |
| 8 Dec 2023 | £345,620 | £335,000 | 30 CHADWELL ROAD |
| 4 Dec 2023 | £515,851 | £500,000 | 55 CHADWELL ROAD |
| 22 Aug 2023 | £305,510 | £300,000 | 44 CHADWELL ROAD |
This house has a floor area of 71 sq meters or 773 sq feet when measured on 5 Jun 2009. Using an estimated price of £293,774 means this house is valued at £4,089 per sq meter (£379 per sq foot).
The average size of a house on TOFT AVENUE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Oct 2024 | Public order | Under investigation | On or near Hollowfield Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillside |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boscombe Avenue |