£552,914
This estimated value is based upon the latest sale price for the house of £445,000 on 1 Jul 2019. 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 |
|---|---|
| £445,000 | 1 Jul 2019 |
| £204,995 | 8 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for THURROCK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £445,000 results in an estimated price of approximately £552,914.
| 1 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £445,000 | £107,914 | £552,914 |
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 | 34.946 % | £155,508 | £600,508 |
| 3 Month Average | 3.524 % | £15,680 | £460,680 |
| 6 Month Average | 7.190 % | £31,994 | £476,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £355,461 | £350,000 | 38 LAIRD AVENUE |
| 13 Oct 2023 | £547,433 | £535,000 | 42 HIGHFIELD GARDENS |
| 28 Sep 2022 | £382,744 | £383,000 | 66 HIGHFIELD GARDENS |
| 29 Jun 2022 | £444,502 | £435,000 | 23 HIGHFIELD GARDENS |
| 28 Jun 2022 | £383,191 | £375,000 | 74 HIGHFIELD GARDENS |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Jan 2019. Using an estimated price of £552,915 means this house is valued at £5,216 per sq meter (£484 per sq foot).
The average size of a house on HIGHFIELD GARDENS is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laird Avenue |
| Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Laird Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Laird Avenue |
| May 2024 | Drugs | Under investigation | On or near Laird Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Laird Avenue |