£382,260
This estimated value is based upon the latest sale price for the house of £285,000 on 12 Aug 2016. 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 |
---|---|
£285,000 | 12 Aug 2016 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 August 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £285,000 results in an estimated price of approximately £382,260.
12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £285,000 | £97,260 | £382,260 |
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 | 26.487 % | £75,486 | £360,486 |
3 Month Average | 28.305 % | £80,670 | £365,670 |
6 Month Average | 21.933 % | £62,508 | £347,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £371,941 | £362,500 | 14 CEDAR RISE |
8 Sep 2023 | £449,918 | £440,000 | 3 GARTH ROAD |
8 Sep 2023 | £373,227 | £365,000 | 4 MAR ROAD |
21 Aug 2023 | £193,490 | £190,000 | 1 THE OAKS GARTH ROAD |
29 Sep 2022 | £367,255 | £367,500 | 15 CEDAR RISE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 Oct 2016. Using an estimated price of £382,260 means this house is valued at £3,675 per sq meter (£341 per sq foot).
The average size of a house on NURSERY CLOSE is 106 sq meters (1,147 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Nursery Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nursery Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nursery Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Garth Road |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rowan Way |