£196,645
This estimated value is based upon the latest sale price for the house of £115,000 on 30 Apr 2010. 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 |
|---|---|
| £115,000 | 30 Apr 2010 |
| £108,000 | 15 Jul 2004 |
| £50,500 | 20 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 586 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 2010 the House Price Index for THURROCK was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £115,000 results in an estimated price of approximately £196,645.
| 30 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £115,000 | £81,645 | £196,645 |
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 | 117.936 % | £135,626 | £250,626 |
| 3 Month Average | 103.732 % | £119,291 | £234,291 |
| 6 Month Average | 84.865 % | £97,594 | £212,594 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2024 | £140,000 | £140,000 | 7 JONATHAN HOUSE, 229 RECTORY ROAD |
| 26 Jul 2024 | £231,000 | £231,000 | 213 RECTORY ROAD |
| 3 May 2024 | £335,000 | £335,000 | 27 TOFT AVENUE |
| 30 Apr 2024 | £242,102 | £240,000 | 213A RECTORY ROAD |
| 31 Jan 2023 | £381,018 | £380,000 | 55 TOFT AVENUE |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 21 Aug 2009. Using an estimated price of £196,645 means this house is valued at £3,608 per sq meter (£335 per sq foot).
The average size of a house on RECTORY ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Sep 2024 | Anti-social behaviour | On or near Eastern Road | |
| Aug 2024 | Burglary | Under investigation | On or near Ingram Road |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Lenmore Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lenmore Avenue |