£108,877
This estimated value is based upon the latest sale price for the house of £34,000 on 14 Nov 2001. This value is then adjusted by the current Official House Price Index for THURROCK 1
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
Price Paid | Date |
---|---|
£34,000 | 14 Nov 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 2001 the House Price Index for THURROCK was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £34,000 results in an estimated price of approximately £108,877.
14 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.6 | 220.228 % | £34,000 | £74,877 | £108,877 |
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 | 355.845 % | £120,987 | £154,987 |
3 Month Average | 241.278 % | £82,034 | £116,034 |
6 Month Average | 251.563 % | £85,531 | £119,531 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £213,740 | £210,000 | 24 BROXBURN DRIVE |
12 Jun 2023 | £212,575 | £210,000 | 19 FOXGLOVE ROAD |
2 Feb 2023 | £379,744 | £380,000 | 9 BINGHAM CLOSE |
19 Jan 2022 | £352,557 | £335,000 | 27 AFTON DRIVE |
20 Oct 2021 | £240,106 | £217,000 | 195 BROXBURN DRIVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 28 Jan 2020. Using an estimated price of £108,878 means this house is valued at £2,532 per sq meter (£235 per sq foot).
The average size of a house on BROXBURN DRIVE is 77 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bingham Close |
Jan 2024 | Anti-social behaviour | On or near Bingham Close | |
Jan 2024 | Anti-social behaviour | On or near Bingham Close | |
Jan 2024 | Anti-social behaviour | On or near Bingham Close | |
Jan 2024 | Drugs | Local resolution | On or near Bingham Close |