£535,805
This estimated value is based upon the latest sale price for the house of £430,000 on 24 Aug 2018. 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 |
|---|---|
| £430,000 | 24 Aug 2018 |
| £129,000 | 12 Jun 1998 |
| £101,950 | 26 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 August 2018 the House Price Index for THURROCK was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £430,000 results in an estimated price of approximately £535,805.
| 24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £430,000 | £105,805 | £535,805 |
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 | -7.920 % | £-34,055 | £395,944 |
| 3 Month Average | 10.331 % | £44,425 | £474,425 |
| 6 Month Average | 9.571 % | £41,154 | £471,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £292,540 | £290,000 | 59 MOLLANDS LANE |
| 27 Oct 2023 | £439,993 | £430,000 | 18 NORDMANN PLACE |
| 31 Mar 2023 | £366,114 | £360,000 | 24 SYCAMORE WAY |
| 30 Nov 2022 | £447,906 | £450,000 | 18 BRANDON GROVES AVENUE |
| 16 May 2022 | £308,025 | £300,000 | 63 MOLLANDS LANE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 Mar 2018. Using an estimated price of £535,806 means this house is valued at £4,700 per sq meter (£436 per sq foot).
The average size of a house on SYCAMORE WAY is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sycamore Way |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sycamore Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Laurel Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Laurel Drive |
| Jul 2024 | Other crime | Under investigation | On or near Nursery Close |