£216,573
This estimated value is based upon the latest sale price for the house of £205,000 on 1 Feb 2022. 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 |
---|---|
£205,000 | 1 Feb 2022 |
£155,000 | 22 Nov 2013 |
£204,950 | 3 Nov 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 February 2022 the House Price Index for THURROCK was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £205,000 results in an estimated price of approximately £216,573.
1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 149.7 | 5.646 % | £205,000 | £11,573 | £216,573 |
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 | 6.154 % | £12,614 | £217,614 |
3 Month Average | 16.034 % | £32,869 | £237,869 |
6 Month Average | 10.797 % | £22,134 | £227,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £189,918 | £187,000 | FLAT 41 COLLIER COURT CRAMMAVILL STREET |
20 Dec 2023 | £464,266 | £450,000 | 32 FAIRWAY |
17 Nov 2023 | £461,720 | £450,000 | 64 FAIRWAY |
1 Jul 2022 | £146,468 | £145,000 | FLAT 40 COLLIER COURT CRAMMAVILL STREET |
4 Mar 2022 | £156,590 | £150,000 | FLAT 15 COLLIER COURT CRAMMAVILL STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 6 Mar 2013. Using an estimated price of £216,574 means this house is valued at £3,799 per sq meter (£352 per sq foot).
The average size of a house on CRAMMAVILL STREET is 72 sq meters (775 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Shoplifting | Under investigation | On or near Fairway |
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairway |
Sep 2024 | Shoplifting | Under investigation | On or near Fairway |
Sep 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Fairway |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairway |