£340,651
This estimated value is based upon the latest sale price for the house of £219,995 on 24 Jun 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 |
---|---|
£219,995 | 24 Jun 2014 |
£99,995 | 14 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 87 sq meters or 936 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 2014 the House Price Index for THURROCK was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £219,995 results in an estimated price of approximately £340,651.
24 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £219,995 | £120,656 | £340,651 |
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 | 52.781 % | £116,116 | £336,111 |
3 Month Average | 86.941 % | £191,265 | £411,260 |
6 Month Average | 79.491 % | £174,875 | £394,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £408,180 | £400,000 | 12 ORCHARD CLOSE |
22 Jul 2022 | £388,897 | £385,000 | 10 MOSS ROAD |
21 Apr 2022 | £230,308 | £222,000 | 14 CHIDDICKS COURT ARCANY ROAD |
12 Apr 2022 | £350,130 | £337,500 | 162 SOUTH ROAD |
3 Dec 2021 | £458,706 | £425,000 | 39 ORCHARD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 1 Jul 2014. Using an estimated price of £340,652 means this house is valued at £3,915 per sq meter (£363 per sq foot).
The average size of a house on ORCHARD ROAD is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Close |
Apr 2024 | Drugs | Under investigation | On or near Rose Gardens |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Orchard Close |
May 2024 | Drugs | Local resolution | On or near Orchard Close |
May 2024 | Drugs | Local resolution | On or near Orchard Close |