£242,481
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Nov 2020. 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 |
|---|---|
| £210,000 | 24 Nov 2020 |
| Flats/Maisonettes |
| Leasehold |
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 November 2020 the House Price Index for THURROCK was 128.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 15.467%.Applying this 15.467% change to the original purchase price of £210,000 results in an estimated price of approximately £242,481.
| 24 Nov 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.0 | 15.467 % | £210,000 | £32,481 | £242,481 |
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 | 26.090 % | £54,788 | £264,788 |
| 3 Month Average | 37.877 % | £79,540 | £289,540 |
| 6 Month Average | 19.855 % | £41,696 | £251,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £432,577 | £435,500 | 29 OVAL GARDENS |
| 11 Jul 2022 | £464,372 | £465,000 | 127 SOUTHEND ROAD |
| 1 Jul 2022 | £399,460 | £400,000 | 153 SOUTHEND ROAD |
| 4 Mar 2022 | £206,416 | £200,000 | 61 LODGE LANE |
| 15 Oct 2021 | £234,728 | £213,000 | 15 LENMORE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Supermarket |