£383,154
This estimated value is based upon the latest sale price for the house of £355,000 on 17 Dec 2021. 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 |
|---|---|
| £355,000 | 17 Dec 2021 |
| £155,000 | 3 Jun 2011 |
| £50,500 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2021 the House Price Index for THURROCK was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £355,000 results in an estimated price of approximately £383,154.
| 17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £355,000 | £28,154 | £383,154 |
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 | 25.083 % | £89,043 | £444,043 |
| 3 Month Average | 7.370 % | £26,162 | £381,162 |
| 6 Month Average | 7.152 % | £25,390 | £380,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £395,434 | £392,000 | 37 WHITMORE AVENUE |
| 13 Dec 2023 | £392,047 | £380,000 | 40 FLEETHALL GROVE |
| 23 Nov 2023 | £384,767 | £375,000 | 2 WHITMORE AVENUE |
| 11 Nov 2022 | £418,045 | £420,000 | 18 PRINCE PHILLIP AVENUE |
| 26 Aug 2022 | £401,879 | £400,000 | 13 CHAFFORD WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 13 Sep 2021. Using an estimated price of £383,154 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on STIFFORD CLAYS ROAD is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Stifford Clays Road |
| May 2024 | Other crime | Unable to prosecute suspect | On or near Stifford Clays Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Prince Philip Avenue |
| Jun 2024 | Anti-social behaviour | On or near Prince Philip Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Prince Philip Avenue |