£296,195
This estimated value is based upon the latest sale price for the house of £177,000 on 8 Jul 2013. 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 |
---|---|
£177,000 | 8 Jul 2013 |
£88,500 | 28 Feb 2001 |
£73,995 | 30 Sep 1997 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 656 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 July 2013 the House Price Index for THURROCK was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £177,000 results in an estimated price of approximately £296,195.
8 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £177,000 | £119,195 | £296,195 |
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 | 52.865 % | £93,571 | £270,571 |
3 Month Average | 82.944 % | £146,810 | £323,810 |
6 Month Average | 77.972 % | £138,010 | £315,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £330,000 | £330,000 | 10 MAGNOLIA CLOSE |
8 Sep 2023 | £427,422 | £418,000 | 11 MAGNOLIA CLOSE |
5 Sep 2023 | £623,750 | £610,000 | 14 MEDLAR DRIVE |
8 Aug 2023 | £415,494 | £408,000 | 2 LAVENDER CLOSE |
30 Aug 2022 | £356,668 | £355,000 | 7 LAVENDER CLOSE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 May 2012. Using an estimated price of £296,195 means this house is valued at £4,855 per sq meter (£451 per sq foot).
The average size of a house on MAGNOLIA CLOSE is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Magnolia Close |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Rosewood Close |
May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Medlar Drive |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medlar Drive |
Jun 2024 | Other theft | Under investigation | On or near Juniper Drive |