£329,393
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Nov 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 Mayflower Close
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
Price Paid | Date |
---|---|
£250,000 | 4 Nov 2016 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,033 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 November 2016 the House Price Index for THURROCK was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £250,000 results in an estimated price of approximately £329,393.
4 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 148.6 | 31.758 % | £250,000 | £79,393 | £329,393 |
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 | 38.942 % | £97,353 | £347,353 |
3 Month Average | 14.899 % | £37,246 | £287,246 |
6 Month Average | 15.775 % | £39,436 | £289,436 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £244,274 | £240,000 | 10 QUINCE TREE CLOSE |
3 Nov 2023 | £284,208 | £280,000 | 21 MAYFLOWER CLOSE |
24 Jul 2023 | £354,775 | £350,000 | 125B SOUTH ROAD |
31 Mar 2023 | £292,758 | £290,000 | 68 CELANDINE CLOSE |
27 May 2022 | £321,049 | £315,000 | QUINCETREE DAY NURSURY LTD QUINCE TREE CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 31 May 2016. Using an estimated price of £329,394 means this house is valued at £3,431 per sq meter (£318 per sq foot).
The average size of a house on MAYFLOWER CLOSE is 85 sq meters (915 sq feet).
This house is the largest in the street with a floor area of 96 sq meters (1,033 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Close |
Mar 2024 | Drugs | Local resolution | On or near Mayflower Close |
Mar 2024 | Public order | Under investigation | On or near Mayflower Close |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayflower Close |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Mayflower Close |