£595,455
This estimated value is based upon the latest sale price for the house of £348,800 on 6 Aug 2010. 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 |
---|---|
£348,800 | 6 Aug 2010 |
Detached |
Freehold |
Floor Area: 170 sq meters or 1,839 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 August 2010 the House Price Index for THURROCK was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.715%.Applying this 70.715% change to the original purchase price of £348,800 results in an estimated price of approximately £595,455.
6 Aug 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.715 % | £348,800 | £246,655 | £595,455 |
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 | 92.723 % | £323,418 | £672,218 |
3 Month Average | 85.064 % | £296,702 | £645,502 |
6 Month Average | 76.494 % | £266,810 | £615,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £494,292 | £490,000 | 79 BRADLEIGH AVENUE |
7 Mar 2023 | £427,133 | £420,000 | 71 BRADLEIGH AVENUE |
15 Jul 2022 | £858,603 | £850,000 | 9 ST GEORGES AVENUE |
29 Apr 2022 | £544,647 | £525,000 | 15 TENNYSON AVENUE |
21 Jan 2022 | £630,818 | £595,000 | 31 ST GEORGES AVENUE |
This house has a floor area of 170 sq meters or 1,839 sq feet when measured on 23 Mar 2009. Using an estimated price of £595,455 means this house is valued at £3,484 per sq meter (£323 per sq foot).
The average size of a house on WARD AVENUE is 142 sq meters (1,534 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southend Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Southend Road |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tennyson Avenue |
Aug 2024 | Anti-social behaviour | On or near Tennyson Avenue |