£540,477
This estimated value is based upon the latest sale price for the house of £535,000 on 17 Jun 2022. 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 |
|---|---|
| £535,000 | 17 Jun 2022 |
| £362,000 | 25 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 June 2022 the House Price Index for THURROCK was 146.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.024%.Applying this 1.024% change to the original purchase price of £535,000 results in an estimated price of approximately £540,477.
| 17 Jun 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 148.0 | 1.024 % | £535,000 | £5,477 | £540,477 |
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 | 7.694 % | £41,160 | £576,160 |
| 3 Month Average | -21.815 % | £-116,709 | £418,290 |
| 6 Month Average | -4.303 % | £-23,019 | £511,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £379,823 | £377,000 | 1 LEASWAY |
| 7 Feb 2023 | £442,905 | £445,000 | 13 ELMWAY |
| 20 Oct 2022 | £418,775 | £425,000 | 60 MEADOW ROAD |
| 17 Jun 2022 | £540,478 | £535,000 | 5 THE FIRS |
| 4 Nov 2020 | £381,042 | £330,000 | 6 OAKWAY |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 22 Jul 2016. Using an estimated price of £540,478 means this house is valued at £5,051 per sq meter (£469 per sq foot).
The average size of a house on THE FIRS is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Firs |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Firs |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Elmway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmway |