£392,044
This estimated value is based upon the latest sale price for the house of £228,500 on 30 Aug 2012. 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 |
|---|---|
| £228,500 | 30 Aug 2012 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2012 the House Price Index for THURROCK was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £228,500 results in an estimated price of approximately £392,044.
| 30 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £228,500 | £163,544 | £392,044 |
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 | 57.565 % | £131,535 | £360,035 |
| 3 Month Average | 50.305 % | £114,946 | £343,446 |
| 6 Month Average | 76.049 % | £173,771 | £402,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £189,818 | £185,000 | 2 DRAPER COURT, 45 BRIDGE ROAD |
| 10 Nov 2023 | £155,959 | £152,000 | 24 BRIDGE COURT |
| 1 Aug 2023 | £264,775 | £260,000 | 6 SAXTON CLOSE |
| 9 Jun 2023 | £255,112 | £250,000 | 70 SAXTON CLOSE |
| 31 Mar 2023 | £279,671 | £275,000 | 80 SAXTON CLOSE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Jun 2012. Using an estimated price of £392,045 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on BRIDGE ROAD is 57 sq meters (616 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Under investigation | On or near Parking Area |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Anti-social behaviour | On or near Parking Area |