£180,472
This estimated value is based upon the latest sale price for the house of £80,000 on 6 Oct 2003. 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 |
|---|---|
| £80,000 | 6 Oct 2003 |
| £37,500 | 2 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 October 2003 the House Price Index for THURROCK was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £80,000 results in an estimated price of approximately £180,472.
| 6 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £80,000 | £100,472 | £180,472 |
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 | 106.740 % | £85,392 | £165,392 |
| 3 Month Average | 79.811 % | £63,849 | £143,849 |
| 6 Month Average | 117.666 % | £94,132 | £174,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £161,402 | £160,000 | 96 WHITEHALL LANE |
| 25 Oct 2023 | £250,694 | £245,000 | 168 WHITEHALL LANE |
| 27 Feb 2023 | £198,325 | £197,000 | 41 HIGHGROVE MEWS |
| 14 Feb 2023 | £229,030 | £227,500 | 3 COLLEGE CLOSE |
| 26 Sep 2022 | £222,851 | £223,000 | 30 HIGHGROVE MEWS |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 22 Mar 2013. Using an estimated price of £180,473 means this house is valued at £4,101 per sq meter (£381 per sq foot).
The average size of a house on COLLEGE CLOSE is 52 sq meters (565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Theobalds Avenue |
| Jul 2024 | Vehicle crime | Under investigation | On or near Theobalds Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Theobalds Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Theobalds Avenue |
| May 2024 | Criminal damage and arson | Offender given a caution | On or near Theobalds Avenue |