£191,004
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Dec 2011. 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 |
---|---|
£110,000 | 9 Dec 2011 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 December 2011 the House Price Index for THURROCK was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £110,000 results in an estimated price of approximately £191,004.
9 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £110,000 | £81,004 | £191,004 |
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 | 120.184 % | £132,202 | £242,202 |
3 Month Average | 106.990 % | £117,688 | £227,688 |
6 Month Average | 92.931 % | £102,224 | £212,224 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £252,767 | £245,000 | 8 COPPER BEECH ROAD |
17 Nov 2023 | £212,904 | £207,500 | 20 GIDEA CLOSE |
7 Sep 2023 | £383,453 | £375,000 | 57B SOUTH ROAD |
30 Jun 2023 | £285,726 | £280,000 | 59 LIME CLOSE |
18 Aug 2022 | £226,057 | £225,000 | 14 GIDEA CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 8 Feb 2013. Using an estimated price of £191,005 means this house is valued at £2,448 per sq meter (£227 per sq foot).
The average size of a house on LIME CLOSE is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Park Way |
Oct 2024 | Vehicle crime | Under investigation | On or near Park Way |
Oct 2024 | Vehicle crime | Under investigation | On or near Park Way |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Park Way |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Way |