£348,796
This estimated value is based upon the latest sale price for the house of £266,000 on 12 Dec 2016. 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 |
|---|---|
| £266,000 | 12 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2016 the House Price Index for THURROCK was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £266,000 results in an estimated price of approximately £348,796.
| 12 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £266,000 | £82,796 | £348,796 |
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 | 27.957 % | £74,365 | £340,365 |
| 3 Month Average | 28.467 % | £75,723 | £341,723 |
| 6 Month Average | 20.574 % | £54,726 | £320,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £363,177 | £360,000 | 28 CHURCH 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 |
| 6 Jan 2023 | £199,057 | £199,995 | APARTMENT 16 ST JAMES MEWS, 16 MELBOURNE ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 Oct 2016. Using an estimated price of £348,797 means this house is valued at £3,710 per sq meter (£344 per sq foot).
The average size of a house on CHURCH ROAD is 100 sq meters (1,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Church Road |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Church Road |
| Apr 2024 | Drugs | Unable to prosecute suspect | On or near Church Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Road |