£246,280
This estimated value is based upon the latest sale price for the house of £157,000 on 16 Apr 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 |
---|---|
£157,000 | 16 Apr 2014 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 April 2014 the House Price Index for THURROCK was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £157,000 results in an estimated price of approximately £246,280.
16 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £157,000 | £89,280 | £246,280 |
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 | 63.196 % | £99,217 | £256,217 |
3 Month Average | 85.134 % | £133,661 | £290,661 |
6 Month Average | 78.301 % | £122,933 | £279,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £281,199 | £275,000 | 11 LARKSPUR CLOSE |
6 Jun 2022 | £301,444 | £295,000 | 57 LARKSPUR CLOSE |
20 Apr 2022 | £292,553 | £282,000 | 55 LARKSPUR CLOSE |
25 Mar 2022 | £234,885 | £225,000 | 11 TYSSEN PLACE |
10 Dec 2021 | £334,585 | £310,000 | 86 WEST ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 2 Dec 2013. Using an estimated price of £246,281 means this house is valued at £2,931 per sq meter (£272 per sq foot).
The average size of a house on NICHOLAS CLOSE is 90 sq meters (973 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Nicholas Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Nicholas Close |