£179,979
This estimated value is based upon the latest sale price for the house of £62,500 on 11 Jun 2002. 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 |
---|---|
£62,500 | 11 Jun 2002 |
£33,500 | 7 Apr 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 736 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 2002 the House Price Index for THURROCK was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £62,500 results in an estimated price of approximately £179,979.
11 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £62,500 | £117,479 | £179,979 |
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 | 148.418 % | £92,761 | £155,261 |
3 Month Average | 214.220 % | £133,887 | £196,387 |
6 Month Average | 228.718 % | £142,948 | £205,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £209,764 | £205,000 | 5 PEARTREE CLOSE |
20 Jan 2023 | £362,970 | £362,000 | 76 PEARTREE CLOSE |
29 Apr 2022 | £228,233 | £220,000 | 65 PEARTREE CLOSE |
5 Apr 2022 | £165,988 | £160,000 | 2 BENYON PATH |
10 Jan 2022 | £227,943 | £215,000 | 60 PEARTREE CLOSE |
This house has a floor area of 68 sq meters or 736 sq feet when measured on 1 Jun 2009. Using an estimated price of £179,980 means this house is valued at £2,630 per sq meter (£244 per sq foot).
The average size of a house on PEARTREE CLOSE is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |
Jul 2024 | Anti-social behaviour | On or near Peartree Close | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Peartree Close |
May 2024 | Anti-social behaviour | On or near Peartree Close |