£526,455
This estimated value is based upon the latest sale price for the house of £250,000 on 26 Mar 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 |
|---|---|
| £250,000 | 26 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 March 2004 the House Price Index for THURROCK was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £250,000 results in an estimated price of approximately £526,455.
| 26 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £250,000 | £276,455 | £526,455 |
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 | 158.366 % | £395,914 | £645,914 |
| 3 Month Average | 102.690 % | £256,723 | £506,723 |
| 6 Month Average | 102.122 % | £255,306 | £505,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Sep 2023 | £429,467 | £420,000 | 60 GORDON ROAD |
| 14 Apr 2023 | £473,863 | £465,000 | 27 CARLTON ROAD |
| 9 May 2022 | £539,043 | £525,000 | 42 GORDON ROAD |
| 20 Apr 2022 | £591,331 | £570,000 | 55 BUXTON ROAD |
| 15 Oct 2021 | £484,881 | £435,000 | 22 GORDON ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 14 Jan 2015. Using an estimated price of £526,456 means this house is valued at £3,928 per sq meter (£364 per sq foot).
The average size of a house on CARLTON ROAD is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlton Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlton Road |
| Jul 2024 | Burglary | Under investigation | On or near Buxton Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buxton Road |
| Jul 2024 | Theft from the person | Under investigation | On or near Grangewood Avenue |