£250,069
This estimated value is based upon the latest sale price for the house of £188,000 on 30 Jun 2016. 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 |
|---|---|
| £188,000 | 30 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2016 the House Price Index for THURROCK was 111.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 33.016%.Applying this 33.016% change to the original purchase price of £188,000 results in an estimated price of approximately £250,069.
| 30 Jun 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.0 | 33.016 % | £188,000 | £62,069 | £250,069 |
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 | 32.595 % | £61,278 | £249,278 |
| 3 Month Average | 12.942 % | £24,330 | £212,330 |
| 6 Month Average | 17.907 % | £33,665 | £221,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £417,255 | £415,000 | 2 FALCON AVENUE |
| 10 Mar 2023 | £457,473 | £455,000 | 10 MAVERICK DRIVE |
| 14 Oct 2022 | £241,411 | £245,000 | 43 SUNLINER WAY |
| 27 Sep 2022 | £291,455 | £295,000 | 53 FAIRLANE DRIVE |
| 8 Jul 2022 | £384,980 | £385,500 | 50 FAIRLANE DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Apr 2016. Using an estimated price of £250,070 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on FALCON AVENUE is 72 sq meters (782 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Maverick Drive | |
| Feb 2024 | Anti-social behaviour | On or near Maverick Drive | |
| Feb 2024 | Anti-social behaviour | On or near Maverick Drive | |
| Feb 2024 | Anti-social behaviour | On or near Maverick Drive | |
| Feb 2024 | Anti-social behaviour | On or near Maverick Drive |