£505,655
This estimated value is based upon the latest sale price for the house of £163,995 on 4 Jan 2002. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Balfour Road
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £163,995 | 4 Jan 2002 |
| £59,995 | 12 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 January 2002 the House Price Index for THURROCK was 47.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 208.336%.Applying this 208.336% change to the original purchase price of £163,995 results in an estimated price of approximately £505,655.
| 4 Jan 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 146.7 | 208.336 % | £163,995 | £341,660 | £505,655 |
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 | 95.828 % | £157,153 | £321,148 |
| 3 Month Average | 211.112 % | £346,212 | £510,207 |
| 6 Month Average | 235.452 % | £386,129 | £550,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2022 | £441,188 | £440,000 | 1 ROGERS ROAD |
| 6 Sep 2021 | £196,122 | £182,000 | 156A RECTORY ROAD |
| 30 Aug 2019 | £393,775 | £319,995 | 46 WHITEHALL ROAD |
| 10 Jun 2019 | £426,243 | £345,000 | 5 OVAL GARDENS |
| 17 Apr 2019 | £290,613 | £234,995 | 44 WHITEHALL ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 17 Feb 2016. Using an estimated price of £512,204 means this house is valued at £4,742 per sq meter (£440 per sq foot).
The average size of a house on BALFOUR ROAD is 88 sq meters (950 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Balfour Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Balfour Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Ingram Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Ingram Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lenmore Avenue |