£203,994
This estimated value is based upon the latest sale price for the house of £93,000 on 4 Dec 2003. 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 |
---|---|
£93,000 | 4 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 480 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 December 2003 the House Price Index for THURROCK was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £93,000 results in an estimated price of approximately £203,994.
4 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £93,000 | £110,994 | £203,994 |
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 | 109.561 % | £101,891 | £194,891 |
3 Month Average | 139.427 % | £129,667 | £222,667 |
6 Month Average | 133.404 % | £124,065 | £217,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £212,904 | £207,500 | 20 GIDEA CLOSE |
18 Aug 2022 | £226,057 | £225,000 | 14 GIDEA CLOSE |
12 Apr 2022 | £217,859 | £210,000 | 15 GIDEA CLOSE |
5 Apr 2022 | £165,988 | £160,000 | 2 BENYON PATH |
24 Sep 2021 | £173,691 | £160,000 | 9 CANTERBURY PARADE |
This house has a floor area of 44 sq meters or 480 sq feet when measured on 18 Dec 2010. Using an estimated price of £203,995 means this house is valued at £4,570 per sq meter (£424 per sq foot).
The average size of a house on BENYON PATH is 46 sq meters (501 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Benyon Path | |
Jun 2024 | Anti-social behaviour | On or near Benyon Path | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |
Jul 2024 | Anti-social behaviour | On or near Peartree Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |