£477,183
This estimated value is based upon the latest sale price for the house of £320,000 on 10 Nov 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 |
|---|---|
| £320,000 | 10 Nov 2014 |
| £246,000 | 30 Mar 2004 |
| £246,000 | 30 Mar 2004 |
| £124,950 | 27 May 1999 |
| Detached |
| 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 November 2014 the House Price Index for THURROCK was 99.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 49.120%.Applying this 49.120% change to the original purchase price of £320,000 results in an estimated price of approximately £477,183.
| 10 Nov 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.0 | 49.120 % | £320,000 | £157,183 | £477,183 |
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 | 60.678 % | £194,170 | £514,170 |
| 3 Month Average | 45.881 % | £146,819 | £466,819 |
| 6 Month Average | 54.151 % | £173,283 | £493,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £331,119 | £330,000 | 35 HOLLY DRIVE |
| 17 Aug 2023 | £543,304 | £540,000 | 17 HOLLY DRIVE |
| 8 Aug 2023 | £410,496 | £408,000 | 2 LAVENDER CLOSE |
| 11 Jul 2023 | £484,584 | £480,000 | 10 LAVENDER CLOSE |
| 30 Aug 2022 | £352,617 | £355,000 | 7 LAVENDER CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 20 Mar 2014. Using an estimated price of £477,183 means this house is valued at £5,302 per sq meter (£492 per sq foot).
The average size of a house on HOLLY DRIVE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Magnolia Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosewood Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlar Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medlar Drive |
| Feb 2024 | Burglary | Under investigation | On or near Juniper Drive |