£394,632
This estimated value is based upon the latest sale price for the house of £239,995 on 28 Jun 2013. 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 |
|---|---|
| £239,995 | 28 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2013 the House Price Index for THURROCK was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £239,995 results in an estimated price of approximately £394,632.
| 28 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £239,995 | £154,637 | £394,632 |
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 | 65.912 % | £158,184 | £398,179 |
| 3 Month Average | 48.751 % | £116,999 | £356,994 |
| 6 Month Average | 76.970 % | £184,725 | £424,720 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 2 Sep 2014.
The average size of a house on FAIRFIELD AVENUE is 102 sq meters (1,100 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farm Drive |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Farm Drive |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Farm Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmway |