£285,823
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Dec 2018. This value is then adjusted by the current Official House Price Index for THURROCK 1
There has been one burglary within the last year on or near Viola Close
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4 Broxburn Drive, South Ockendon, RM15 5QL
Phone: 02081289465
| Price Paid | Date |
|---|---|
| £230,000 | 18 Dec 2018 |
| £134,000 | 2 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 802 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 December 2018 the House Price Index for THURROCK was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £230,000 results in an estimated price of approximately £285,823.
| 18 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £230,000 | £55,823 | £285,823 |
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 | 7.077 % | £16,277 | £246,277 |
| 3 Month Average | 28.347 % | £65,199 | £295,199 |
| 6 Month Average | 13.501 % | £31,052 | £261,052 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £316,988 | £310,000 | 31 VIOLA CLOSE |
| 22 Jun 2023 | £324,503 | £318,000 | 64 VIOLA CLOSE |
| 31 Mar 2023 | £294,925 | £290,000 | 68 CELANDINE CLOSE |
| 17 Mar 2023 | £289,840 | £285,000 | 21 VIOLA CLOSE |
| 14 Oct 2022 | £303,985 | £305,000 | 30 LARKSPUR CLOSE |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 17 May 2011. Using an estimated price of £285,823 means this house is valued at £3,831 per sq meter (£355 per sq foot).
The average size of a house on VIOLA CLOSE is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Drugs | Investigation complete; no suspect identified | On or near Viola Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Viola Close |
| Jun 2024 | Burglary | Under investigation | On or near Viola Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Viola Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Viola Close |