£355,600
This estimated value is based upon the latest sale price for the house of £230,000 on 27 May 2014. This value is then adjusted by the current Official House Price Index for THURROCK 1
There have been two burglaries within the last year on or near Nursery Close
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
Price Paid | Date |
---|---|
£230,000 | 27 May 2014 |
£205,000 | 26 Jul 2004 |
£205,000 | 26 Jul 2004 |
£58,000 | 23 Sep 1997 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 May 2014 the House Price Index for THURROCK was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £230,000 results in an estimated price of approximately £355,600.
27 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £230,000 | £125,600 | £355,600 |
The Postcode Pricing Model uses changes in average sales price within the RM15 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 | 114.422 % | £263,170 | £493,170 |
3 Month Average | 70.639 % | £162,469 | £392,469 |
6 Month Average | 77.876 % | £179,114 | £409,114 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £244,274 | £240,000 | 10 QUINCE TREE CLOSE |
8 Sep 2023 | £369,727 | £365,000 | 4 MAR ROAD |
8 Sep 2023 | £445,699 | £440,000 | 3 GARTH ROAD |
21 Aug 2023 | £191,677 | £190,000 | 1 THE OAKS GARTH ROAD |
24 Jul 2023 | £354,775 | £350,000 | 125B SOUTH ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 4 Mar 2014. Using an estimated price of £355,600 means this house is valued at £3,556 per sq meter (£330 per sq foot).
The average size of a house on SOUTH ROAD is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Nursery Close |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Nursery Close |
Feb 2024 | Burglary | Unable to prosecute suspect | On or near Nursery Close |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Nursery Close |
Mar 2024 | Drugs | Local resolution | On or near Mayflower Close |