£328,808
This estimated value is based upon the latest sale price for the house of £220,500 on 28 Nov 2014. 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 |
---|---|
£220,500 | 28 Nov 2014 |
£143,000 | 31 Jul 2003 |
£57,250 | 7 Dec 1998 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2014 the House Price Index for THURROCK was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £220,500 results in an estimated price of approximately £328,808.
28 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.0 | 49.120 % | £220,500 | £108,308 | £328,808 |
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 | 60.678 % | £133,795 | £354,295 |
3 Month Average | 45.881 % | £101,167 | £321,667 |
6 Month Average | 54.151 % | £119,403 | £339,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2023 | £352,621 | £350,000 | 507 BROXBURN DRIVE |
1 Mar 2023 | £346,875 | £345,000 | 120 CHERWELL GROVE |
31 Aug 2022 | £387,383 | £390,000 | 24 CARNACH GREEN |
8 Jul 2022 | £349,528 | £350,000 | 118 CHERWELL GROVE |
11 Mar 2022 | £345,746 | £335,000 | 29 CARNACH GREEN |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 5 Sep 2014. Using an estimated price of £328,809 means this house is valued at £4,384 per sq meter (£407 per sq foot).
The average size of a house on CHERWELL GROVE is 81 sq meters (877 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Clayburn Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clayburn Gardens |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Clayburn Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Clayburn Gardens |
Jan 2024 | Other theft | Under investigation | On or near Clayburn Gardens |