£245,021
This estimated value is based upon the latest sale price for the house of £165,000 on 20 Mar 2015. 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 Oaklands Drive
More crime details
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £165,000 | 20 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2015 the House Price Index for THURROCK was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £165,000 results in an estimated price of approximately £245,021.
| 20 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £165,000 | £80,021 | £245,021 |
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 | 72.543 % | £119,695 | £284,695 |
| 3 Month Average | 73.065 % | £120,556 | £285,556 |
| 6 Month Average | 53.516 % | £88,300 | £253,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £257,926 | £250,000 | 5 OAKLANDS DRIVE |
| 4 Oct 2023 | £460,458 | £450,000 | 53 ORCHARD ROAD |
| 10 Aug 2023 | £305,510 | £300,000 | 7 KNOWLTON COTTAGES SOUTH ROAD |
| 28 Apr 2023 | £331,195 | £325,000 | 3 VALENTINES VILLAS |
| 27 Apr 2023 | £453,482 | £445,000 | 6 OAKLANDS DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 7 Dec 2013. Using an estimated price of £245,022 means this house is valued at £3,101 per sq meter (£288 per sq foot).
The average size of a house on SOUTH ROAD is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oaklands Drive |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oaklands Drive |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Oaklands Drive |
| Jul 2024 | Anti-social behaviour | On or near Oaklands Drive | |
| Jul 2024 | Anti-social behaviour | On or near Oaklands Drive |