£670,555
This estimated value is based upon the latest sale price for the house of £542,500 on 27 Sep 2019. 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 |
---|---|
£542,500 | 27 Sep 2019 |
£420,000 | 30 Oct 2015 |
£292,000 | 10 Apr 2003 |
£141,500 | 30 Apr 1997 |
Detached |
Freehold |
Floor Area: 174 sq meters or 1,872 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 September 2019 the House Price Index for THURROCK was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £542,500 results in an estimated price of approximately £670,555.
27 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £542,500 | £128,055 | £670,555 |
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 | 3.997 % | £21,686 | £564,186 |
3 Month Average | 10.569 % | £57,334 | £599,834 |
6 Month Average | 7.123 % | £38,644 | £581,144 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £292,540 | £290,000 | 59 MOLLANDS LANE |
30 Nov 2023 | £371,941 | £362,500 | 14 CEDAR RISE |
27 Oct 2023 | £439,993 | £430,000 | 18 NORDMANN PLACE |
31 Mar 2023 | £366,114 | £360,000 | 24 SYCAMORE WAY |
29 Sep 2022 | £367,255 | £367,500 | 15 CEDAR RISE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 30 Oct 2018. Using an estimated price of £670,555 means this house is valued at £3,853 per sq meter (£358 per sq foot).
The average size of a house on MAPLE DRIVE is 133 sq meters (1,439 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 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 |