£370,620
This estimated value is based upon the latest sale price for the house of £300,000 on 10 Oct 2019. 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
More crime details
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £300,000 | 10 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 October 2019 the House Price Index for THURROCK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £300,000 results in an estimated price of approximately £370,620.
| 10 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £300,000 | £70,620 | £370,620 |
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 | 3.332 % | £9,997 | £309,997 |
| 3 Month Average | 23.229 % | £69,686 | £369,686 |
| 6 Month Average | 13.879 % | £41,636 | £341,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £370,695 | £365,000 | 12 BUXTON ROAD |
| 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 |
| 27 Jan 2023 | £531,420 | £530,000 | 31 BUXTON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 May 2019. Using an estimated price of £370,620 means this house is valued at £5,450 per sq meter (£506 per sq foot).
The average size of a house on GORDON ROAD is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Buxton 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Gordon Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masefield Road |