£386,136
This estimated value is based upon the latest sale price for the house of £283,000 on 1 Apr 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 |
|---|---|
| £283,000 | 1 Apr 2016 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 April 2016 the House Price Index for THURROCK was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £283,000 results in an estimated price of approximately £386,136.
| 1 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £283,000 | £103,136 | £386,136 |
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 | 35.235 % | £99,713 | £382,713 |
| 3 Month Average | 26.338 % | £74,536 | £357,536 |
| 6 Month Average | 32.805 % | £92,837 | £375,837 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2023 | £422,048 | £415,000 | 2 FALCON AVENUE |
| 26 Oct 2022 | £259,134 | £260,000 | 28 FAIRLANE DRIVE |
| 14 Oct 2022 | £244,184 | £245,000 | 43 SUNLINER WAY |
| 27 Sep 2022 | £294,803 | £295,000 | 53 FAIRLANE DRIVE |
| 29 Jul 2022 | £333,340 | £330,000 | 47 FAIRLANE DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 22 Mar 2016. Using an estimated price of £386,137 means this house is valued at £5,438 per sq meter (£505 per sq foot).
The average size of a house on FAIRLANE DRIVE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Sunliner Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunliner Way |
| Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fairlane Drive |
| Oct 2024 | Drugs | Under investigation | On or near Fairlane Drive |