£470,042
This estimated value is based upon the latest sale price for the house of £325,000 on 30 Jun 2015. 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 |
---|---|
£325,000 | 30 Jun 2015 |
£123,000 | 30 Apr 2001 |
£85,995 | 21 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 June 2015 the House Price Index for THURROCK was 102.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 44.629%.Applying this 44.629% change to the original purchase price of £325,000 results in an estimated price of approximately £470,042.
30 Jun 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.0 | 44.629 % | £325,000 | £145,042 | £470,042 |
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 | 89.462 % | £290,750 | £615,750 |
3 Month Average | 37.381 % | £121,487 | £446,487 |
6 Month Average | 44.559 % | £144,816 | £469,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2020 | £450,322 | £390,000 | 48 CHERRY TREE DRIVE |
16 Oct 2020 | £449,813 | £385,000 | 56 CHERRY TREE DRIVE |
24 Apr 2020 | £672,442 | £550,000 | 3 ASPEN WAY |
27 Feb 2020 | £466,095 | £382,500 | 20 CHERRY TREE DRIVE |
13 Dec 2019 | £397,089 | £325,000 | 72 CHERRY TREE DRIVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Mar 2015. Using an estimated price of £470,043 means this house is valued at £4,845 per sq meter (£450 per sq foot).
The average size of a house on CHERRY TREE DRIVE is 93 sq meters (1,002 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hornbeam Chase |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosewood Close |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlar Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medlar Drive |
Feb 2024 | Burglary | Under investigation | On or near Juniper Drive |