£523,245
This estimated value is based upon the latest sale price for the house of £391,000 on 9 Sep 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
Get our free house price tracker.
23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £391,000 | 9 Sep 2016 |
| £155,000 | 21 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 September 2016 the House Price Index for THURROCK was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £391,000 results in an estimated price of approximately £523,245.
| 9 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £391,000 | £132,245 | £523,245 |
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 | 33.632 % | £131,500 | £522,500 |
| 3 Month Average | 32.597 % | £127,453 | £518,453 |
| 6 Month Average | 31.994 % | £125,096 | £516,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £255,635 | £250,000 | 54 COOPER HOUSE WOODSIDE CLOSE |
| 14 Apr 2023 | £473,863 | £465,000 | 27 CARLTON ROAD |
| 23 Aug 2022 | £421,973 | £420,000 | 21 WOODSIDE CLOSE |
| 11 Feb 2022 | £253,550 | £240,000 | 76 COOPER HOUSE WOODSIDE CLOSE |
| 15 Oct 2021 | £484,881 | £435,000 | 22 GORDON ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 28 Jun 2016. Using an estimated price of £523,246 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on GRANGEWOOD AVENUE is 101 sq meters (1,094 sq feet).
This house is the largest in the street with a floor area of 153 sq meters (1,646 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Grangewood Avenue | |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grangewood Avenue |
| Sep 2024 | Anti-social behaviour | On or near Grangewood Avenue | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grangewood Avenue |
| Jul 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Grangewood Avenue |