£185,059
This estimated value is based upon the latest sale price for the house of £44,000 on 6 Sep 1999. This value is then adjusted by the current Official House Price Index for THURROCK 1
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46 Bridge Road, Grays, RM17 6BU
Phone: 01375659042
| Price Paid | Date |
|---|---|
| £44,000 | 6 Sep 1999 |
| Terraced |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 September 1999 the House Price Index for THURROCK was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £44,000 results in an estimated price of approximately £185,059.
| 6 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £44,000 | £141,059 | £185,059 |
The Postcode Pricing Model uses changes in average sales price within the RM18 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 | 405.982 % | £178,631 | £222,631 |
| 3 Month Average | 538.080 % | £236,755 | £280,755 |
| 6 Month Average | 503.462 % | £221,523 | £265,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £138,774 | £137,000 | THE BUNGALOW MELBOURNE COURT MELBOURNE ROAD |
| 26 Jul 2023 | £194,619 | £192,000 | 19 THE QUAYS DOCK ROAD |
| 5 Jul 2023 | £207,797 | £205,000 | APARTMENT 17 ST JAMES MEWS, 16 MELBOURNE ROAD |
| 28 Apr 2023 | £202,172 | £199,995 | APARTMENT 3 ST JAMES MEWS, 16 MELBOURNE ROAD |
| 11 Apr 2023 | £202,172 | £199,995 | APARTMENT 6 ST JAMES MEWS, 16 MELBOURNE ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 18 Nov 2013. Using an estimated price of £185,059 means this house is valued at £1,504 per sq meter (£139 per sq foot).
The average size of a house on MELBOURNE ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melbourne Road |
| Apr 2024 | Drugs | Local resolution | On or near Melbourne Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Russell Road |
| Mar 2024 | Anti-social behaviour | On or near Russell Road | |
| Mar 2024 | Anti-social behaviour | On or near Russell Road |