126, BRIDGE ROAD, GRAYS, RM17 6DA - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

126 BRIDGE ROAD is a very large extended terraced house of 144m², built sometime before 1900, which could now be worth an estimated £386,014. It was last sold for £320,000 in September 2018, which was around 19% above the average September 2018 terraced price in the Thurrock local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

126 BRIDGE ROAD Sold Prices

Land registry data shows three sales for 126 BRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Thurrock local authority area for the corresponding sale date. All of the three 126 BRIDGE ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 10 SEP	£320,000	£267,980	19% above HPI
2014 7 FEB	£195,000	£169,544	15% above HPI
2000 11 DEC	£117,000	£70,933	65% above HPI

126 BRIDGE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The three 126 BRIDGE ROAD sales between December 2000 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2014 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 126 BRIDGE ROAD be worth now?

126 BRIDGE ROAD might now be worth an estimated £386,014.

This is based on house price inflation of 20.6%, between September 2018 and May 2026, for terraced houses, in the Thurrock local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.6% inflationary increase is applied to the most recent sale price for 126 BRIDGE ROAD of £320,000 on 10th September 2018. For the value to have increased from £320,000 to £386,014 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 126 BRIDGE ROAD has moved in line with the HPI for terraced houses in the Thurrock local authority area.
• The September 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 126 BRIDGE ROAD has not materially changed since September 2018.

How Large is 126 BRIDGE ROAD?

126 BRIDGE ROAD is 144m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 10% of terraced houses in Grays, based on EPC data. The below chart shows the distribution of terraced houses by size in Grays, and where 126 BRIDGE ROAD lies on this distribution: 99% of terraced houses are smaller than 126 BRIDGE ROAD, and 1% of terraced houses are larger. Note that EPC data is not available for all properties in Grays.