£628,606
This estimated value is based upon the latest sale price for the house of £227,500 on 19 Aug 2002. 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 |
|---|---|
| £227,500 | 19 Aug 2002 |
| Detached |
| Freehold |
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 2002 the House Price Index for THURROCK was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £227,500 results in an estimated price of approximately £628,606.
| 19 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £227,500 | £401,106 | £628,606 |
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 | 146.427 % | £333,122 | £560,622 |
| 3 Month Average | 160.984 % | £366,237 | £593,737 |
| 6 Month Average | 153.833 % | £349,970 | £577,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £772,500 | £772,500 | 2 CONNAUGHT AVENUE |
| 29 Sep 2023 | £383,453 | £375,000 | 53 CONNAUGHT AVENUE |
| 30 Jun 2023 | £826,564 | £810,000 | 21 CONNAUGHT AVENUE |
| 29 Jun 2023 | £821,462 | £805,000 | 87 CONNAUGHT AVENUE |
| 20 Apr 2023 | £522,269 | £512,500 | 14 REGENT CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodcutters Avenue |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Mayfields |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Close |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Regent Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Avenue |