£392,071
This estimated value is based upon the latest sale price for the house of £385,000 on 8 Aug 2023. 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 |
|---|---|
| £385,000 | 8 Aug 2023 |
| £265,000 | 3 Nov 2017 |
| £86,000 | 26 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2023 the House Price Index for THURROCK was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £385,000 results in an estimated price of approximately £392,071.
| 8 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £385,000 | £7,071 | £392,071 |
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 | -26.113 % | £-100,534 | £284,465 |
| 3 Month Average | -21.706 % | £-83,568 | £301,431 |
| 6 Month Average | -13.426 % | £-51,690 | £333,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £305,654 | £303,000 | 23 CHADWELL ROAD |
| 4 Dec 2023 | £515,851 | £500,000 | 55 CHADWELL ROAD |
| 22 Aug 2023 | £305,510 | £300,000 | 44 CHADWELL ROAD |
| 8 Aug 2023 | £392,071 | £385,000 | 38 HOLLOWFIELD AVENUE |
| 31 Jan 2023 | £381,018 | £380,000 | 55 TOFT AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 20 Feb 2017. Using an estimated price of £392,071 means this house is valued at £4,455 per sq meter (£413 per sq foot).
The average size of a house on HOLLOWFIELD AVENUE is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Nunns Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Nunns Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Eastern Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastern Road |