£507,943
This estimated value is based upon the latest sale price for the house of £360,000 on 28 Aug 2015. 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 Palmers Drive
More crime details
Get our free house price tracker.
23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £360,000 | 28 Aug 2015 |
| £86,500 | 28 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 August 2015 the House Price Index for THURROCK was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £360,000 results in an estimated price of approximately £507,943.
| 28 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £360,000 | £147,943 | £507,943 |
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 | -22.286 % | £-80,230 | £279,769 |
| 3 Month Average | 33.259 % | £119,732 | £479,732 |
| 6 Month Average | 47.723 % | £171,804 | £531,804 |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 28 Apr 2015.
The average size of a house on PALMERS DRIVE is 57 sq meters (620 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Palmers Drive |
| Mar 2024 | Other crime | Under investigation | On or near Addison Gardens |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Addison Gardens |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Addison Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walpole Close |