£450,225
This estimated value is based upon the latest sale price for the house of £440,000 on 16 Feb 2024. 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 |
---|---|
£440,000 | 16 Feb 2024 |
£206,000 | 28 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 February 2024 the House Price Index for THURROCK was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £440,000 results in an estimated price of approximately £450,225.
16 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £440,000 | £10,225 | £450,225 |
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 | -22.652 % | £-99,670 | £340,329 |
3 Month Average | 14.025 % | £61,711 | £501,711 |
6 Month Average | 3.662 % | £16,111 | £456,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £431,632 | £425,000 | 75 ARAGLEN AVENUE |
8 Mar 2024 | £330,071 | £325,000 | 78 ORCHARD ROAD |
21 Dec 2023 | £257,926 | £250,000 | 5 OAKLANDS DRIVE |
27 Apr 2023 | £453,482 | £445,000 | 6 OAKLANDS DRIVE |
29 Jul 2022 | £292,935 | £290,000 | 111 ARAGLEN AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 7 Aug 2013.
The average size of a house on ORCHARD ROAD is 93 sq meters (1,008 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Aldham Drive |
Apr 2024 | Public order | Unable to prosecute suspect | On or near Aldham Drive |
Jul 2024 | Anti-social behaviour | On or near Oaklands Drive | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Araglen Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Araglen Avenue |