£359,480
This estimated value is based upon the latest sale price for the house of £270,000 on 8 Aug 2016. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Fortin Way
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125 Daiglen Drive, South Ockendon, RM15 5EH
Phone: 01708573586
| Price Paid | Date |
|---|---|
| £270,000 | 8 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £270,000 results in an estimated price of approximately £359,480.
| 8 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £270,000 | £89,480 | £359,480 |
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 | 32.686 % | £88,251 | £358,251 |
| 3 Month Average | 9.272 % | £25,033 | £295,033 |
| 6 Month Average | 15.761 % | £42,555 | £312,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £351,144 | £345,000 | 48 FORTIN CLOSE |
| 27 Apr 2023 | £161,742 | £160,000 | 55 DAIGLEN DRIVE |
| 20 Apr 2023 | £171,850 | £170,000 | 17 FAYMORE GARDENS |
| 27 Jan 2023 | £343,382 | £345,000 | 37 FORTIN WAY |
| 6 Jun 2022 | £355,017 | £350,000 | 18 FORTIN WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 Jul 2014. Using an estimated price of £359,480 means this house is valued at £4,924 per sq meter (£457 per sq foot).
The average size of a house on FORTIN WAY is 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Fortin Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Fortin Way |
| Mar 2024 | Anti-social behaviour | On or near Fortin Close | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fortin Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Fortin Close |