£279,365
This estimated value is based upon the latest sale price for the house of £190,000 on 20 May 2015. 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 |
---|---|
£190,000 | 20 May 2015 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 May 2015 the House Price Index for THURROCK was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £190,000 results in an estimated price of approximately £279,365.
20 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 149.7 | 47.034 % | £190,000 | £89,365 | £279,365 |
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 | 25.179 % | £47,840 | £237,840 |
3 Month Average | 42.552 % | £80,848 | £270,848 |
6 Month Average | 46.421 % | £88,200 | £278,200 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £322,500 | £322,500 | 34 CRUICK AVENUE |
30 Nov 2023 | £379,637 | £370,000 | 115 STIFFORD ROAD |
22 Feb 2023 | £382,555 | £380,000 | 16 CRUICK AVENUE |
31 Jan 2023 | £340,911 | £340,000 | 33 CHELMER DRIVE |
23 Nov 2022 | £383,208 | £385,000 | 96 CHELMER DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Mar 2017. Using an estimated price of £279,365 means this house is valued at £4,108 per sq meter (£381 per sq foot).
The average size of a house on CRUICK AVENUE is 79 sq meters (859 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chelmer Drive |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Chelmer Drive |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chelmer Drive |
Apr 2024 | Other theft | Local resolution | On or near Chelmer Drive |
May 2024 | Violence and sexual offences | Under investigation | On or near Cruick Avenue |