£526,061
This estimated value is based upon the latest sale price for the house of £412,000 on 28 Sep 2017. 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 |
|---|---|
| £412,000 | 28 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for THURROCK was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £412,000 results in an estimated price of approximately £526,061.
| 28 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £412,000 | £114,061 | £526,061 |
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 | 47.219 % | £194,543 | £606,543 |
| 3 Month Average | 29.138 % | £120,050 | £532,050 |
| 6 Month Average | 23.220 % | £95,667 | £507,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £772,500 | £772,500 | 2 CONNAUGHT AVENUE |
| 2 Oct 2023 | £429,761 | £420,000 | 96 CONNAUGHT AVENUE |
| 29 Sep 2023 | £383,453 | £375,000 | 53 CONNAUGHT AVENUE |
| 29 Jun 2023 | £821,462 | £805,000 | 87 CONNAUGHT AVENUE |
| 28 Apr 2023 | £570,674 | £560,000 | 2 CRAFTSMAN CLOSE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 9 Jan 2017. Using an estimated price of £526,061 means this house is valued at £5,157 per sq meter (£479 per sq foot).
The average size of a house on CONNAUGHT AVENUE is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Craftsman Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Craftsman Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Craftsman Close |