£374,766
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Jan 2020. 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 |
|---|---|
| £305,000 | 31 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for THURROCK was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £305,000 results in an estimated price of approximately £374,766.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £305,000 | £69,766 | £374,766 |
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 | 23.634 % | £72,083 | £377,083 |
| 3 Month Average | 21.370 % | £65,178 | £370,178 |
| 6 Month Average | 16.743 % | £51,066 | £356,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £381,730 | £370,000 | 58 GORDON ROAD |
| 7 Sep 2023 | £429,467 | £420,000 | 60 GORDON ROAD |
| 14 Apr 2023 | £473,863 | £465,000 | 27 CARLTON ROAD |
| 9 May 2022 | £539,043 | £525,000 | 42 GORDON ROAD |
| 15 Oct 2021 | £484,881 | £435,000 | 22 GORDON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Jan 2020. Using an estimated price of £374,767 means this house is valued at £4,258 per sq meter (£395 per sq foot).
The average size of a house on CARLTON ROAD is 104 sq meters (1,123 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlton Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Carlton Road |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grangewood Avenue |
| Sep 2024 | Anti-social behaviour | On or near Grangewood Avenue |