£417,671
This estimated value is based upon the latest sale price for the house of £245,000 on 1 Nov 2012. 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 |
|---|---|
| £245,000 | 1 Nov 2012 |
| £73,000 | 22 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2012 the House Price Index for THURROCK was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £245,000 results in an estimated price of approximately £417,671.
| 1 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £245,000 | £172,671 | £417,671 |
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 | 73.617 % | £180,362 | £425,362 |
| 3 Month Average | 61.525 % | £150,735 | £395,735 |
| 6 Month Average | 62.982 % | £154,305 | £399,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £446,866 | £440,000 | 58 DOCK ROAD |
| 19 Jun 2023 | £928,609 | £910,000 | 98 DOCK ROAD |
| 21 Apr 2023 | £407,624 | £400,000 | 12 TYRRELLS HALL CLOSE |
| 17 Apr 2023 | £422,910 | £415,000 | 9 LANDER ROAD |
| 5 Aug 2022 | £378,771 | £377,000 | 2 ROOKERY VIEW |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 18 Jul 2012. Using an estimated price of £417,672 means this house is valued at £4,176 per sq meter (£388 per sq foot).
The average size of a house on LANDER ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Lander Road | |
| Jul 2024 | Anti-social behaviour | On or near Lander Road | |
| Jul 2024 | Anti-social behaviour | On or near Lander Road | |
| Sep 2024 | Public order | Under investigation | On or near Tyrrells Hall Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Tyrrells Hall Close |