£457,944
This estimated value is based upon the latest sale price for the house of £270,000 on 12 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
Price Paid | Date |
---|---|
£270,000 | 12 Jun 2012 |
£299,999 | 6 Feb 2007 |
£82,000 | 26 Feb 1999 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,189 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £270,000 results in an estimated price of approximately £457,944.
12 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £270,000 | £187,944 | £457,944 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 96.556 % | £260,700 | £530,700 |
3 Month Average | 42.944 % | £115,948 | £385,948 |
6 Month Average | 48.441 % | £130,791 | £400,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £559,795 | £550,000 | GROVELANDS NURSERIES CLAY TYE ROAD |
11 Sep 2023 | £896,462 | £885,000 | MAY COTTAGE FEN LANE |
13 Feb 2023 | £536,139 | £536,500 | 27 CHEELSON ROAD |
4 Nov 2022 | £326,051 | £330,000 | 3 TOWNFIELD COTTAGES NORTH ROAD |
28 Jul 2022 | £526,417 | £525,000 | BENYON HOUSE CHURCH LANE |
This house has a floor area of 110 sq meters or 1,189 sq feet when measured on 26 Jun 2011. Using an estimated price of £457,945 means this house is valued at £4,144 per sq meter (£385 per sq foot).
The average size of a house on OCKENDON ROAD is 115 sq meters (1,243 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fen Lane |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Church Lane |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilsman Road |