£470,234
This estimated value is based upon the latest sale price for the house of £355,000 on 28 Oct 2016. 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 |
|---|---|
| £355,000 | 28 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2016 the House Price Index for THURROCK was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £355,000 results in an estimated price of approximately £470,234.
| 28 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £355,000 | £115,234 | £470,234 |
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 | 57.085 % | £202,650 | £557,650 |
| 3 Month Average | 14.772 % | £52,439 | £407,439 |
| 6 Month Average | 15.456 % | £54,870 | £409,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £565,326 | £560,000 | 19 POPLAR CLOSE |
| 20 Jul 2022 | £571,539 | £570,000 | 29 POPLAR CLOSE |
| 8 Apr 2022 | £463,410 | £450,000 | 10 POPLAR CLOSE |
| 14 Dec 2020 | £321,360 | £280,000 | 16 MOLLANDS COURT |
| 30 Nov 2020 | £452,148 | £390,000 | 48 CHERRY TREE DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 15 Sep 2016. Using an estimated price of £470,235 means this house is valued at £5,665 per sq meter (£526 per sq foot).
The average size of a house on MOLLANDS LANE is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mollands Court |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mollands Court |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laurel Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laurel Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlar Drive |