£472,151
This estimated value is based upon the latest sale price for the house of £380,000 on 1 Jul 2019. 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 |
|---|---|
| £380,000 | 1 Jul 2019 |
| £225,000 | 3 Jun 2013 |
| £159,995 | 11 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2019 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 24.250%.Applying this 24.250% change to the original purchase price of £380,000 results in an estimated price of approximately £472,151.
| 1 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £380,000 | £92,151 | £472,151 |
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 | 14.346 % | £54,513 | £434,513 |
| 3 Month Average | 15.140 % | £57,531 | £437,531 |
| 6 Month Average | 14.542 % | £55,261 | £435,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £396,085 | £390,000 | 39 CROWSTONE ROAD |
| 30 Nov 2023 | £502,762 | £490,000 | 98 BLACKSHOTS LANE |
| 8 Nov 2023 | £466,851 | £455,000 | 80D BLACKSHOTS LANE |
| 8 Sep 2023 | £357,889 | £350,000 | 15 CULFORD ROAD |
| 31 Mar 2023 | £332,554 | £327,000 | 7 CULFORD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Jan 2019. Using an estimated price of £472,152 means this house is valued at £5,901 per sq meter (£548 per sq foot).
The average size of a house on CULFORD ROAD is 91 sq meters (987 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Culford Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Culford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Culford Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haven Place |