£305,168
This estimated value is based upon the latest sale price for the house of £246,995 on 27 Nov 2019. 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 |
|---|---|
| £246,995 | 27 Nov 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 November 2019 the House Price Index for THURROCK was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £246,995 results in an estimated price of approximately £305,168.
| 27 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £246,995 | £58,173 | £305,168 |
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 | 14.376 % | £35,507 | £282,502 |
| 3 Month Average | 8.081 % | £19,959 | £266,954 |
| 6 Month Average | 2.451 % | £6,053 | £253,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £297,363 | £292,000 | 114 TAMARISK ROAD |
| 21 Nov 2022 | £334,436 | £336,000 | 37 SUNLINER WAY |
| 14 Oct 2022 | £244,184 | £245,000 | 43 SUNLINER WAY |
| 30 Sep 2022 | £354,763 | £355,000 | 18 SUNLINER WAY |
| 29 Jul 2022 | £358,593 | £355,000 | 22 SUNLINER WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 8 Nov 2019. Using an estimated price of £305,168 means this house is valued at £5,002 per sq meter (£464 per sq foot).
The average size of a house on FALCON WAY is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Way |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Falcon Way |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sunliner Way |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tamarisk Road |
| May 2024 | Anti-social behaviour | On or near Tamarisk Road |