£163,706
This estimated value is based upon the latest sale price for the house of £100,000 on 31 Jul 2008. 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 |
---|---|
£100,000 | 31 Jul 2008 |
£27,000 | 21 May 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 581 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 July 2008 the House Price Index for THURROCK was 90.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 63.706%.Applying this 63.706% change to the original purchase price of £100,000 results in an estimated price of approximately £163,706.
31 Jul 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.0 | 63.706 % | £100,000 | £63,706 | £163,706 |
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 | 106.922 % | £106,922 | £206,922 |
3 Month Average | 71.071 % | £71,070 | £171,070 |
6 Month Average | 82.661 % | £82,660 | £182,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 May 2022 | £334,979 | £330,000 | 4 BANN CLOSE |
25 Feb 2022 | £423,006 | £405,000 | 321 DANBURY CRESCENT |
26 Nov 2021 | £312,373 | £290,000 | 164 BROXBURN DRIVE |
27 Sep 2021 | £407,832 | £380,000 | 327 DANBURY CRESCENT |
10 Aug 2021 | £322,222 | £290,000 | 200 BROXBURN DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 17 Mar 2017. Using an estimated price of £163,706 means this house is valued at £3,031 per sq meter (£281 per sq foot).
The average size of a house on BROXBURN DRIVE is 77 sq meters (839 sq feet).