£252,431
This estimated value is based upon the latest sale price for the house of £164,000 on 11 Jul 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 |
|---|---|
| £164,000 | 11 Jul 2014 |
| £31,920 | 7 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2014 the House Price Index for THURROCK was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £164,000 results in an estimated price of approximately £252,431.
| 11 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £164,000 | £88,431 | £252,431 |
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 | 52.796 % | £86,585 | £250,585 |
| 3 Month Average | 76.878 % | £126,080 | £290,080 |
| 6 Month Average | 74.363 % | £121,955 | £285,955 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £431,632 | £425,000 | 75 ARAGLEN AVENUE |
| 22 Mar 2024 | £184,840 | £182,000 | 15 ALWEN GROVE |
| 14 Dec 2023 | £216,657 | £210,000 | 24 BROXBURN DRIVE |
| 6 Oct 2023 | £337,669 | £330,000 | 124 ARAGLEN AVENUE |
| 19 Jun 2023 | £408,180 | £400,000 | 45 ANNALEE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 May 2015. Using an estimated price of £252,431 means this house is valued at £2,969 per sq meter (£275 per sq foot).
The average size of a house on ARAGLEN AVENUE is 82 sq meters (882 sq feet).