£512,603
This estimated value is based upon the latest sale price for the house of £389,995 on 25 Aug 2016. 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 |
|---|---|
| £389,995 | 25 Aug 2016 |
| £77,000 | 9 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 August 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £389,995 results in an estimated price of approximately £512,603.
| 25 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £389,995 | £122,608 | £512,603 |
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 | 21.026 % | £81,998 | £471,993 |
| 3 Month Average | 9.411 % | £36,702 | £426,697 |
| 6 Month Average | 33.322 % | £129,954 | £519,949 |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 24 May 2016.
The average size of a house on BLACKSHOTS LANE is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Drugs | Offender given a caution | On or near Parking Area |