£406,635
This estimated value is based upon the latest sale price for the house of £295,000 on 3 Dec 2015. 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 |
|---|---|
| £295,000 | 3 Dec 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2015 the House Price Index for THURROCK was 107.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 37.843%.Applying this 37.843% change to the original purchase price of £295,000 results in an estimated price of approximately £406,635.
| 3 Dec 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.0 | 37.843 % | £295,000 | £111,635 | £406,635 |
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 | 56.663 % | £167,155 | £462,155 |
| 3 Month Average | 38.656 % | £114,033 | £409,033 |
| 6 Month Average | 38.075 % | £112,321 | £407,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £182,617 | £182,000 | 15 ALWEN GROVE |
| 14 Dec 2023 | £214,050 | £210,000 | 24 BROXBURN DRIVE |
| 2 Feb 2023 | £378,211 | £380,000 | 9 BINGHAM CLOSE |
| 19 Jan 2022 | £351,133 | £335,000 | 27 AFTON DRIVE |
| 12 Nov 2021 | £247,744 | £230,000 | 31 ALWEN GROVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Apr 2014. Using an estimated price of £406,635 means this house is valued at £4,107 per sq meter (£381 per sq foot).
The average size of a house on BROXBURN DRIVE is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bingham Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bingham Close |
| Jan 2024 | Drugs | Local resolution | On or near Bingham Close |
| Jan 2024 | Anti-social behaviour | On or near Bingham Close | |
| Jan 2024 | Anti-social behaviour | On or near Bingham Close |