£409,445
This estimated value is based upon the latest sale price for the house of £272,500 on 8 Dec 2014. 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 |
---|---|
£272,500 | 8 Dec 2014 |
£239,995 | 19 Dec 2007 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2014 the House Price Index for THURROCK was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £272,500 results in an estimated price of approximately £409,445.
8 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £272,500 | £136,945 | £409,445 |
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 | 74.406 % | £202,755 | £475,255 |
3 Month Average | 68.257 % | £186,000 | £458,500 |
6 Month Average | 58.047 % | £158,179 | £430,679 |
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 95 sq meters or 1,022 sq feet when measured on 3 Oct 2014. Using an estimated price of £409,446 means this house is valued at £4,309 per sq meter (£400 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 | Violence and sexual offences | Under investigation | On or near Sycamore Way |