£358,385
This estimated value is based upon the latest sale price for the house of £285,000 on 20 Apr 2018. 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 |
|---|---|
| £285,000 | 20 Apr 2018 |
| £48,000 | 15 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 April 2018 the House Price Index for THURROCK was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £285,000 results in an estimated price of approximately £358,385.
| 20 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £285,000 | £73,385 | £358,385 |
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 | -6.852 % | £-19,529 | £265,470 |
| 3 Month Average | 26.790 % | £76,351 | £361,351 |
| 6 Month Average | 10.244 % | £29,196 | £314,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £335,000 | £335,000 | 27 TOFT AVENUE |
| 11 Apr 2024 | £242,102 | £240,000 | 3 THE FLATS CHADWELL ROAD |
| 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 |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 5 Mar 2017. Using an estimated price of £358,385 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on CHADWELL ROAD is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Hollowfield Avenue |
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Boscombe Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillside |