£651,151
This estimated value is based upon the latest sale price for the house of £385,000 on 21 Apr 2011. 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 Masefield Road
More crime details
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £385,000 | 21 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,191 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 2011 the House Price Index for THURROCK was 86.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.130%.Applying this 69.130% change to the original purchase price of £385,000 results in an estimated price of approximately £651,151.
| 21 Apr 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 146.7 | 69.130 % | £385,000 | £266,151 | £651,151 |
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 | 53.742 % | £206,905 | £591,905 |
| 3 Month Average | 42.039 % | £161,851 | £546,851 |
| 6 Month Average | 68.368 % | £263,217 | £648,217 |
This house has a floor area of 110 sq meters or 1,191 sq feet when measured on 3 Sep 2010.
The average size of a house on STANFORD ROAD is 159 sq meters (1,720 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Masefield Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodlands Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Drugs | Local resolution | On or near Sports/Recreation Area |