£528,151
This estimated value is based upon the latest sale price for the house of £425,000 on 3 Dec 2018. 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 Buxton Road
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £425,000 | 3 Dec 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2018 the House Price Index for THURROCK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £425,000 results in an estimated price of approximately £528,151.
| 3 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £425,000 | £103,151 | £528,151 |
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 | 38.192 % | £162,314 | £587,314 |
| 3 Month Average | 8.677 % | £36,876 | £461,876 |
| 6 Month Average | 5.975 % | £25,394 | £450,394 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £370,695 | £365,000 | 12 BUXTON ROAD |
| 7 Sep 2023 | £429,467 | £420,000 | 60 GORDON ROAD |
| 14 Apr 2023 | £473,863 | £465,000 | 27 CARLTON ROAD |
| 27 Jan 2023 | £531,420 | £530,000 | 31 BUXTON ROAD |
| 28 Oct 2022 | £448,502 | £450,000 | 61 BUXTON ROAD |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 25 Jun 2018. Using an estimated price of £528,152 means this house is valued at £4,364 per sq meter (£405 per sq foot).
The average size of a house on BUXTON ROAD is 96 sq meters (1,034 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Buxton Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buxton Road |
| 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 |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masefield Road |