£230,604
This estimated value is based upon the latest sale price for the house of £214,000 on 3 Sep 2021. 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 |
|---|---|
| £214,000 | 3 Sep 2021 |
| £198,800 | 20 Apr 2018 |
| £145,000 | 29 Aug 2014 |
| £141,000 | 5 Oct 2007 |
| £92,000 | 23 Nov 2002 |
| £39,500 | 13 Mar 1998 |
| Terraced |
| Freehold |
| 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 September 2021 the House Price Index for THURROCK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £214,000 results in an estimated price of approximately £230,604.
| 3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £214,000 | £16,604 | £230,604 |
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 | -52.346 % | £-112,020 | £101,979 |
| 3 Month Average | -14.936 % | £-31,963 | £182,036 |
| 6 Month Average | -4.833 % | £-10,342 | £203,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £167,480 | £165,000 | 45 PRIESTLEY COURT PALMERS DRIVE |
| 14 Sep 2023 | £199,551 | £197,000 | 3 PRIESTLEY COURT PALMERS DRIVE |
| 30 Aug 2023 | £351,071 | £348,000 | 16 CHADWELL ROAD |
| 28 Apr 2023 | £158,456 | £156,750 | 24 PRIESTLEY COURT PALMERS DRIVE |
| 31 Mar 2023 | £504,755 | £500,000 | 7 SOUTHEND ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 8 May 2014. Using an estimated price of £230,605 means this house is valued at £5,241 per sq meter (£486 per sq foot).
The average size of a house on WALPOLE CLOSE is 59 sq meters (643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Walpole Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walpole Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walpole Close |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Walpole Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Walpole Close |