£543,275
This estimated value is based upon the latest sale price for the house of £464,995 on 9 Oct 2020. 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 |
|---|---|
| £464,995 | 9 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for THURROCK was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £464,995 results in an estimated price of approximately £543,275.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £464,995 | £78,280 | £543,275 |
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 | -8.239 % | £-38,311 | £426,683 |
| 3 Month Average | 4.028 % | £18,728 | £483,723 |
| 6 Month Average | 4.324 % | £20,106 | £485,101 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £266,756 | £270,000 | 62 TAMARISK ROAD |
| 22 Mar 2022 | £292,078 | £283,000 | 4 TAMARISK ROAD |
| 14 Feb 2022 | £287,227 | £275,000 | 92 TAMARISK ROAD |
| 26 Feb 2021 | £231,780 | £205,000 | 48 FALCON WAY |
| 30 Nov 2020 | £309,446 | £267,995 | 119 WINDSTAR DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 28 Aug 2020. Using an estimated price of £543,275 means this house is valued at £4,489 per sq meter (£417 per sq foot).
The average size of a house on FALCON WAY is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Falcon Way |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Falcon Way |
| Mar 2024 | Vehicle crime | Under investigation | On or near Falcon Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falcon Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Way |