£727,453
This estimated value is based upon the latest sale price for the house of £161,950 on 28 Apr 1999. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Medlar Drive
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £161,950 | 28 Apr 1999 |
| Detached |
| Freehold |
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 April 1999 the House Price Index for THURROCK was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £161,950 results in an estimated price of approximately £727,453.
| 28 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.3 | 149.7 | 349.184 % | £161,950 | £565,503 | £727,453 |
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 | 353.199 % | £572,005 | £733,955 |
| 3 Month Average | 350.139 % | £567,049 | £728,999 |
| 6 Month Average | 334.780 % | £542,176 | £704,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £330,000 | £330,000 | 10 MAGNOLIA CLOSE |
| 8 Sep 2023 | £427,422 | £418,000 | 11 MAGNOLIA CLOSE |
| 5 Sep 2023 | £623,750 | £610,000 | 14 MEDLAR DRIVE |
| 31 Jan 2022 | £477,089 | £450,000 | 135 MOLLANDS LANE |
| 2 Oct 2020 | £372,257 | £315,000 | 6 ROSEWOOD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Medlar Drive |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlar Drive |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Magnolia Close |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosewood Close |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Poplar Close |