£395,585
This estimated value is based upon the latest sale price for the house of £310,000 on 16 Jun 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 |
|---|---|
| £310,000 | 16 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2017 the House Price Index for THURROCK was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £310,000 results in an estimated price of approximately £395,585.
| 16 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.0 | 27.608 % | £310,000 | £85,585 | £395,585 |
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 | 38.387 % | £118,998 | £428,998 |
| 3 Month Average | 13.708 % | £42,494 | £352,494 |
| 6 Month Average | 14.475 % | £44,872 | £354,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £464,393 | £460,000 | 8 WILSMAN ROAD |
| 15 Feb 2023 | £238,870 | £240,000 | 108 PEARTREE CLOSE |
| 13 Feb 2023 | £533,974 | £536,500 | 27 CHEELSON ROAD |
| 25 Oct 2022 | £325,166 | £330,000 | 45 NORTH ROAD |
| 29 Jun 2022 | £540,478 | £535,000 | 13 WILSMAN ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 12 Jan 2017. Using an estimated price of £395,585 means this house is valued at £4,653 per sq meter (£432 per sq foot).
The average size of a house on NORTH ROAD is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilsman Road |
| Apr 2024 | Anti-social behaviour | On or near Cheelson Road | |
| Apr 2024 | Public order | Under investigation | On or near North Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |