£454,996
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Sep 2016. 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 |
|---|---|
| £340,000 | 29 Sep 2016 |
| £78,334 | 18 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2016 the House Price Index for THURROCK was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £340,000 results in an estimated price of approximately £454,996.
| 29 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £340,000 | £114,996 | £454,996 |
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 | 33.632 % | £114,348 | £454,348 |
| 3 Month Average | 32.597 % | £110,828 | £450,828 |
| 6 Month Average | 31.994 % | £108,779 | £448,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 25 May 2022 | £462,037 | £450,000 | 86 KING EDWARD DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 1 May 2016. Using an estimated price of £454,996 means this house is valued at £4,549 per sq meter (£422 per sq foot).
The average size of a house on CROFTON ROAD is 86 sq meters (936 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Woodlands Close |
| Aug 2024 | Robbery | Unable to prosecute suspect | On or near Woodlands Close |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodlands Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodlands Close |