£522,482
This estimated value is based upon the latest sale price for the house of £420,000 on 28 Sep 2018. 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 |
|---|---|
| £420,000 | 28 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2018 the House Price Index for THURROCK was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £420,000 results in an estimated price of approximately £522,482.
| 28 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £420,000 | £102,482 | £522,482 |
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 | 26.134 % | £109,761 | £529,761 |
| 3 Month Average | 2.661 % | £11,177 | £431,177 |
| 6 Month Average | 4.617 % | £19,389 | £439,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £370,695 | £365,000 | 12 BUXTON ROAD |
| 20 Dec 2023 | £330,145 | £320,000 | 18 CROFTON ROAD |
| 7 Aug 2023 | £432,806 | £425,000 | 54 CROFTON ROAD |
| 9 Jun 2023 | £479,611 | £470,000 | 26 CROFTON ROAD |
| 10 Mar 2023 | £416,963 | £410,000 | 2 BUXTON ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Jul 2018. Using an estimated price of £522,483 means this house is valued at £5,558 per sq meter (£516 per sq foot).
The average size of a house on MASEFIELD ROAD is 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masefield Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masefield 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 |
| Jun 2024 | Anti-social behaviour | On or near Sports/Recreation Area |