£178,806
This estimated value is based upon the latest sale price for the house of £166,000 on 12 Nov 2021. 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 |
|---|---|
| £166,000 | 12 Nov 2021 |
| £100,000 | 28 May 2004 |
| £51,995 | 22 Aug 2001 |
| £41,000 | 14 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 November 2021 the House Price Index for THURROCK was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £166,000 results in an estimated price of approximately £178,806.
| 12 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £166,000 | £12,806 | £178,806 |
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 | 16.703 % | £27,726 | £193,726 |
| 3 Month Average | 22.520 % | £37,384 | £203,384 |
| 6 Month Average | 5.507 % | £9,142 | £175,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £189,291 | £187,500 | 43 HIGHGROVE MEWS |
| 27 Feb 2023 | £196,073 | £197,000 | 41 HIGHGROVE MEWS |
| 14 Feb 2023 | £226,429 | £227,500 | 3 COLLEGE CLOSE |
| 26 Sep 2022 | £220,320 | £223,000 | 30 HIGHGROVE MEWS |
| 1 Sep 2022 | £194,633 | £197,000 | 28 COLLEGE CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 18 Aug 2021. Using an estimated price of £178,806 means this house is valued at £3,973 per sq meter (£369 per sq foot).
The average size of a house on COLLEGE CLOSE is 52 sq meters (565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Theobalds Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Theobalds Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Theobalds Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Theobalds Avenue |
| Jan 2024 | Anti-social behaviour | On or near Theobalds Avenue |