£406,586
This estimated value is based upon the latest sale price for the house of £214,995 on 8 Oct 2004. 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 |
|---|---|
| £214,995 | 8 Oct 2004 |
| Semi-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 October 2004 the House Price Index for THURROCK was 78.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 89.114%.Applying this 89.114% change to the original purchase price of £214,995 results in an estimated price of approximately £406,586.
| 8 Oct 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.0 | 89.114 % | £214,995 | £191,591 | £406,586 |
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 | 93.159 % | £200,287 | £415,282 |
| 3 Month Average | 59.574 % | £128,081 | £343,076 |
| 6 Month Average | 84.306 % | £181,252 | £396,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £382,325 | £380,000 | 115 VICTORIA AVENUE |
| 20 Apr 2023 | £516,338 | £512,500 | 14 REGENT CLOSE |
| 22 Mar 2022 | £521,199 | £505,000 | 80 VICTORIA AVENUE |
| 28 Feb 2022 | £501,341 | £480,000 | 8 CROUCHMAN CLOSE |
| 10 Dec 2021 | £492,978 | £462,000 | 17 MAYFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gloucester Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near The Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Crouchman Close |
| Feb 2024 | Drugs | Investigation complete; no suspect identified | On or near Long Lane |