£405,948
This estimated value is based upon the latest sale price for the house of £327,000 on 24 Oct 2018. 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 |
|---|---|
| £327,000 | 24 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 October 2018 the House Price Index for THURROCK was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £327,000 results in an estimated price of approximately £405,948.
| 24 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £327,000 | £78,948 | £405,948 |
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 | 72.275 % | £236,339 | £563,339 |
| 3 Month Average | 24.951 % | £81,588 | £408,588 |
| 6 Month Average | 10.716 % | £35,042 | £362,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £252,767 | £245,000 | 8 COPPER BEECH ROAD |
| 18 Dec 2023 | £247,609 | £240,000 | 10 QUINCE TREE CLOSE |
| 8 Sep 2023 | £449,918 | £440,000 | 3 GARTH ROAD |
| 8 Sep 2023 | £373,227 | £365,000 | 4 MAR ROAD |
| 7 Sep 2023 | £383,453 | £375,000 | 57B SOUTH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 6 Apr 2018. Using an estimated price of £405,948 means this house is valued at £4,142 per sq meter (£384 per sq foot).
The average size of a house on SOUTH ROAD is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bradd Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mar Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Mar Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Quince Tree Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Quince Tree Close |