£258,622
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Sep 2021. 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 |
|---|---|
| £240,000 | 10 Sep 2021 |
| £213,000 | 4 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 September 2021 the House Price Index for THURROCK was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £240,000 results in an estimated price of approximately £258,622.
| 10 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £240,000 | £18,622 | £258,622 |
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 | 6.450 % | £15,480 | £255,480 |
| 3 Month Average | -9.495 % | £-22,788 | £217,211 |
| 6 Month Average | -2.968 % | £-7,122 | £232,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £274,808 | £270,000 | 184 TAMARISK ROAD |
| 3 Nov 2023 | £284,208 | £280,000 | 21 MAYFLOWER CLOSE |
| 11 Jul 2023 | £291,929 | £288,000 | 11 CELANDINE CLOSE |
| 26 Apr 2023 | £293,156 | £290,000 | 202 TAMARISK ROAD |
| 31 Mar 2023 | £292,758 | £290,000 | 68 CELANDINE CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 5 Jun 2018. Using an estimated price of £258,622 means this house is valued at £2,873 per sq meter (£266 per sq foot).
The average size of a house on MAYFLOWER CLOSE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mayflower Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Mayflower Close |
| Mar 2024 | Drugs | Local resolution | On or near Mayflower Close |
| Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Mayflower Close |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Mayflower Close |