£346,045
This estimated value is based upon the latest sale price for the house of £258,000 on 8 Aug 2016. 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 |
|---|---|
| £258,000 | 8 Aug 2016 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2016 the House Price Index for THURROCK was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £258,000 results in an estimated price of approximately £346,045.
| 8 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £258,000 | £88,045 | £346,045 |
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 | -4.205 % | £-10,848 | £247,151 |
| 3 Month Average | 18.911 % | £48,791 | £306,791 |
| 6 Month Average | 17.683 % | £45,621 | £303,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £332,891 | £330,000 | 84 WEST ROAD |
| 8 Sep 2023 | £281,199 | £275,000 | 11 LARKSPUR CLOSE |
| 6 Jun 2022 | £301,444 | £295,000 | 57 LARKSPUR CLOSE |
| 20 Apr 2022 | £292,553 | £282,000 | 55 LARKSPUR CLOSE |
| 25 Mar 2022 | £234,885 | £225,000 | 11 TYSSEN PLACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 2 May 2016. Using an estimated price of £346,046 means this house is valued at £4,436 per sq meter (£412 per sq foot).
The average size of a house on WEST ROAD is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Jul 2024 | Drugs | Under investigation | On or near Nicholas Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nicholas Close |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Nicholas Close |