£371,563
This estimated value is based upon the latest sale price for the house of £305,000 on 7 May 2020. 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 |
---|---|
£305,000 | 7 May 2020 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 May 2020 the House Price Index for THURROCK was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £305,000 results in an estimated price of approximately £371,563.
7 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.824 % | £305,000 | £66,563 | £371,563 |
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 | 21.738 % | £66,300 | £371,300 |
3 Month Average | 14.641 % | £44,654 | £349,654 |
6 Month Average | 8.835 % | £26,945 | £331,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £367,233 | £365,000 | 6 HEATHVIEW GARDENS |
25 Feb 2022 | £420,917 | £403,000 | 31 MARLBOROUGH CLOSE |
27 Sep 2021 | £458,811 | £427,500 | 60 MARLBOROUGH CLOSE |
23 Jun 2021 | £464,838 | £435,000 | 43 MARLBOROUGH CLOSE |
19 Mar 2021 | £421,273 | £380,000 | 22 MARLBOROUGH CLOSE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Sep 2019. Using an estimated price of £371,564 means this house is valued at £5,160 per sq meter (£479 per sq foot).
The average size of a house on HEATHVIEW ROAD is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Marlborough Close | |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Claremont Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Claremont Close |
Mar 2024 | Possession of weapons | Under investigation | On or near Claremont Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Turp Avenue |