£294,676
This estimated value is based upon the latest sale price for the house of £277,000 on 24 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 |
---|---|
£277,000 | 24 Sep 2021 |
£200,000 | 9 Sep 2015 |
£170,000 | 9 Aug 2013 |
£76,995 | 24 Sep 1999 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 573 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 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £277,000 results in an estimated price of approximately £294,676.
24 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 146.7 | 6.381 % | £277,000 | £17,676 | £294,676 |
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 % | £-144,998 | £132,001 |
3 Month Average | -14.936 % | £-41,372 | £235,627 |
6 Month Average | -4.833 % | £-13,387 | £263,612 |
This house has a floor area of 53 sq meters or 573 sq feet when measured on 10 Feb 2012.
The average size of a house on NEWBURGH ROAD is 96 sq meters (1,033 sq feet).
This house is the smallest in the street with a floor area of 53 sq meters (573 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other crime | Under investigation | On or near Newburgh Road |
Mar 2024 | Other crime | Under investigation | On or near Newburgh Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttell Close |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Buttell Close |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gunning Road |