£243,198
This estimated value is based upon the latest sale price for the house of £238,000 on 1 Jun 2022. 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 |
|---|---|
| £238,000 | 1 Jun 2022 |
| £182,500 | 26 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2022 the House Price Index for THURROCK was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £238,000 results in an estimated price of approximately £243,198.
| 1 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £238,000 | £5,198 | £243,198 |
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 | 29.570 % | £70,377 | £308,377 |
| 3 Month Average | 7.569 % | £18,013 | £256,013 |
| 6 Month Average | 1.164 % | £2,770 | £240,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £255,112 | £250,000 | 15 FAIRLANE DRIVE |
| 20 Mar 2023 | £422,048 | £415,000 | 2 FALCON AVENUE |
| 14 Mar 2023 | £274,586 | £270,000 | 19 FAIRLANE DRIVE |
| 24 Feb 2023 | £437,925 | £435,000 | 5 AYRON ROAD |
| 7 Feb 2023 | £251,681 | £250,000 | 3 FAIRLANE DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 16 Dec 2015. Using an estimated price of £243,199 means this house is valued at £4,193 per sq meter (£389 per sq foot).
The average size of a house on FAIRLANE DRIVE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ardmore Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ardmore Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ardmore Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairlane Drive |
| Oct 2024 | Drugs | Under investigation | On or near Fairlane Drive |