£333,211
This estimated value is based upon the latest sale price for the house of £259,995 on 5 May 2017. 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 |
|---|---|
| £259,995 | 5 May 2017 |
| £159,000 | 4 May 2012 |
| £175,500 | 13 Nov 2007 |
| £54,000 | 20 Aug 1998 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 719 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 May 2017 the House Price Index for THURROCK was 115.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 28.161%.Applying this 28.161% change to the original purchase price of £259,995 results in an estimated price of approximately £333,211.
| 5 May 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.0 | 28.161 % | £259,995 | £73,216 | £333,211 |
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 | 67.993 % | £176,778 | £436,773 |
| 3 Month Average | 12.239 % | £31,820 | £291,815 |
| 6 Month Average | 12.055 % | £31,342 | £291,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £356,749 | £350,000 | 155 CRUICK AVENUE |
| 28 Jul 2023 | £312,960 | £310,000 | 141 CRUICK AVENUE |
| 13 Feb 2023 | £422,999 | £425,000 | 8 ELWICK ROAD |
| 31 Jan 2023 | £337,040 | £340,000 | 33 CHELMER DRIVE |
| 19 Nov 2021 | £400,699 | £372,000 | 20 ELWICK ROAD |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 6 May 2010. Using an estimated price of £333,211 means this house is valued at £4,983 per sq meter (£463 per sq foot).
The average size of a house on ELWICK ROAD is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elwick Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elwick Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elwick Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Colne Close |