£554,823
This estimated value is based upon the latest sale price for the house of £418,000 on 4 Nov 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 |
---|---|
£418,000 | 4 Nov 2016 |
Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 2016 the House Price Index for THURROCK was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £418,000 results in an estimated price of approximately £554,823.
4 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £418,000 | £136,823 | £554,823 |
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 | 0.312 % | £1,302 | £419,302 |
3 Month Average | 25.035 % | £104,644 | £522,644 |
6 Month Average | 17.696 % | £73,971 | £491,971 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 May 2024 | £583,000 | £583,000 | 18 NORTH ROAD |
22 Sep 2023 | £296,537 | £290,000 | 19 NORTH ROAD |
15 Feb 2023 | £241,614 | £240,000 | 108 PEARTREE CLOSE |
13 Feb 2023 | £540,108 | £536,500 | 27 CHEELSON ROAD |
25 Oct 2022 | £328,901 | £330,000 | 45 NORTH ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 19 Jul 2016. Using an estimated price of £554,823 means this house is valued at £3,852 per sq meter (£357 per sq foot).
The average size of a house on CHEELSON ROAD is 105 sq meters (1,130 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Cheelson Road | |
Jul 2024 | Anti-social behaviour | On or near Cheelson Road | |
Apr 2024 | Anti-social behaviour | On or near Cheelson Road | |
Apr 2024 | Anti-social behaviour | On or near Cheelson Road | |
Apr 2024 | Anti-social behaviour | On or near Cheelson Road |