£408,684
This estimated value is based upon the latest sale price for the house of £325,000 on 4 Apr 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 |
|---|---|
| £325,000 | 4 Apr 2018 |
| £288,000 | 30 Mar 2016 |
| £185,000 | 28 Jul 2005 |
| £131,000 | 16 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 April 2018 the House Price Index for THURROCK was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £325,000 results in an estimated price of approximately £408,684.
| 4 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £325,000 | £83,684 | £408,684 |
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 | -6.852 % | £-22,270 | £302,729 |
| 3 Month Average | 26.790 % | £87,067 | £412,067 |
| 6 Month Average | 10.244 % | £33,294 | £358,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £328,334 | £320,000 | 82 ROSEDALE ROAD |
| 30 Aug 2023 | £448,082 | £440,000 | 8 MAYCROFT AVENUE |
| 21 Apr 2023 | £448,387 | £440,000 | 34 MAYCROFT AVENUE |
| 27 Jan 2023 | £360,964 | £360,000 | 26 MAYCROFT AVENUE |
| 20 Oct 2022 | £290,530 | £291,500 | 24 ROSEDALE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 May 2013. Using an estimated price of £408,685 means this house is valued at £5,449 per sq meter (£506 per sq foot).
The average size of a house on MAYCROFT AVENUE is 86 sq meters (927 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Maycroft Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Maycroft Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Maycroft Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maycroft Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Maycroft Avenue |