£738,982
This estimated value is based upon the latest sale price for the house of £500,000 on 3 Oct 2014. 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 |
|---|---|
| £500,000 | 3 Oct 2014 |
| £295,000 | 28 Feb 2002 |
| £178,000 | 31 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 266 sq meters or 2,863 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 October 2014 the House Price Index for THURROCK was 99.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.796%.Applying this 47.796% change to the original purchase price of £500,000 results in an estimated price of approximately £738,982.
| 3 Oct 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 146.7 | 47.796 % | £500,000 | £238,982 | £738,982 |
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 | 27.326 % | £136,628 | £636,628 |
| 3 Month Average | 27.820 % | £139,100 | £639,100 |
| 6 Month Average | 58.478 % | £292,387 | £792,387 |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 14 Apr 2014.
The average size of a house on CHESTNUT AVENUE is 120 sq meters (1,298 sq feet).
This house is the largest in the street with a floor area of 266 sq meters (2,863 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chestnut Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Windsor Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Windsor Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Griffins |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near The Griffins |