£464,689
This estimated value is based upon the latest sale price for the house of £465,000 on 20 Sep 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 |
|---|---|
| £465,000 | 20 Sep 2022 |
| 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 September 2022 the House Price Index for THURROCK was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £465,000 results in an estimated price of approximately £464,689.
| 20 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £465,000 | £-310 | £464,689 |
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 | -36.577 % | £-170,082 | £294,917 |
| 3 Month Average | -33.100 % | £-153,913 | £311,086 |
| 6 Month Average | -13.983 % | £-65,020 | £399,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £186,621 | £185,000 | 14 ADDISON GARDENS |
| 30 Aug 2023 | £354,392 | £348,000 | 16 CHADWELL ROAD |
| 23 Jun 2023 | £547,982 | £537,000 | 23 NORTHFIELDS |
| 20 Sep 2022 | £464,690 | £465,000 | 57 PALMERS DRIVE |
| 7 Jun 2022 | £541,577 | £530,000 | 1 ADDISON GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Addison Gardens |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Walpole Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walpole Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walpole Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Macleod Close |