£576,763
This estimated value is based upon the latest sale price for the house of £117,000 on 5 Sep 1997. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Southend Road
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £117,000 | 5 Sep 1997 |
| £86,500 | 29 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 1997 the House Price Index for THURROCK was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £117,000 results in an estimated price of approximately £576,763.
| 5 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £117,000 | £459,763 | £576,763 |
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 | 208.268 % | £243,673 | £360,673 |
| 3 Month Average | 414.671 % | £485,164 | £602,164 |
| 6 Month Average | 493.338 % | £577,205 | £694,205 |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 12 Feb 2020.
The average size of a house on WARD AVENUE is 142 sq meters (1,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Southend Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southend Road |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Southend Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tennyson Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tennyson Avenue |