£346,145
This estimated value is based upon the latest sale price for the house of £275,000 on 19 Feb 2018. 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 |
|---|---|
| £275,000 | 19 Feb 2018 |
| £165,000 | 17 May 2012 |
| £158,000 | 30 Jun 2005 |
| £94,995 | 22 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 700 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 February 2018 the House Price Index for THURROCK was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £275,000 results in an estimated price of approximately £346,145.
| 19 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £275,000 | £71,145 | £346,145 |
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 | 7.321 % | £20,134 | £295,134 |
| 3 Month Average | -12.246 % | £-33,676 | £241,323 |
| 6 Month Average | 11.482 % | £31,576 | £306,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £420,679 | £410,000 | 8 HAWKRIDGE DRIVE |
| 10 Oct 2023 | £317,204 | £310,000 | 44 NEWBURGH ROAD |
| 31 Aug 2023 | £460,811 | £452,500 | 3 BUTTELL CLOSE |
| 27 May 2022 | £539,043 | £525,000 | 2 BUTTELL CLOSE |
| 28 Apr 2022 | £186,736 | £180,000 | 12 ASHFORD COURT OVERCLIFF ROAD |
This house has a floor area of 65 sq meters or 700 sq feet when measured on 28 Jul 2011. Using an estimated price of £346,145 means this house is valued at £5,320 per sq meter (£494 per sq foot).
The average size of a house on NEWBURGH ROAD is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hawkridge Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hawkridge Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hawkridge Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Hawkridge Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gunning Road |