£540,396
This estimated value is based upon the latest sale price for the house of £353,000 on 12 Jun 2014. 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 |
|---|---|
| £353,000 | 12 Jun 2014 |
| £177,000 | 30 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 June 2014 the House Price Index for THURROCK was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £353,000 results in an estimated price of approximately £540,396.
| 12 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 148.0 | 53.087 % | £353,000 | £187,396 | £540,396 |
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 | 111.617 % | £394,008 | £747,008 |
| 3 Month Average | 71.787 % | £253,406 | £606,406 |
| 6 Month Average | 76.560 % | £270,256 | £623,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £658,226 | £652,000 | 26 BIRCH CRESCENT |
| 27 Mar 2023 | £593,207 | £590,000 | 1 HORNBEAM CHASE |
| 31 Mar 2022 | £605,830 | £587,000 | 21 HORNBEAM CHASE |
| 6 Jan 2022 | £607,932 | £580,000 | 4 HORNBEAM CHASE |
| 18 Nov 2021 | £554,731 | £515,000 | 66 BIRCH CRESCENT |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 2 Apr 2013. Using an estimated price of £540,397 means this house is valued at £4,156 per sq meter (£386 per sq foot).
The average size of a house on HORNBEAM CHASE is 126 sq meters (1,365 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hornbeam Chase |
| Feb 2024 | Burglary | Under investigation | On or near Juniper Drive |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Juniper Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosewood Close |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |