£326,920
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jan 2015. 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 |
|---|---|
| £220,000 | 15 Jan 2015 |
| £179,995 | 25 Jun 2007 |
| £69,500 | 25 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2015 the House Price Index for THURROCK was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £220,000 results in an estimated price of approximately £326,920.
| 15 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £220,000 | £106,920 | £326,920 |
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 | 66.105 % | £145,431 | £365,431 |
| 3 Month Average | 90.393 % | £198,863 | £418,863 |
| 6 Month Average | 62.425 % | £137,335 | £357,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £380,116 | £375,000 | 7 RECTORY ROAD |
| 21 Apr 2023 | £404,354 | £400,000 | 12 TYRRELLS HALL CLOSE |
| 17 Apr 2023 | £419,517 | £415,000 | 9 LANDER ROAD |
| 24 Mar 2023 | £365,443 | £362,000 | 121 CRESCENT AVENUE |
| 8 Feb 2023 | £304,795 | £305,000 | 36 RECTORY ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Sep 2014. Using an estimated price of £326,920 means this house is valued at £3,205 per sq meter (£297 per sq foot).
The average size of a house on RECTORY ROAD is 83 sq meters (896 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Crescent Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Delafield Road |
| Jan 2024 | Anti-social behaviour | On or near Delafield Road | |
| Jan 2024 | Anti-social behaviour | On or near Delafield Road | |
| Jan 2024 | Anti-social behaviour | On or near Delafield Road |