£410,719
This estimated value is based upon the latest sale price for the house of £338,500 on 2 Mar 2020. 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 |
---|---|
£338,500 | 2 Mar 2020 |
Semi-Detached |
Freehold |
Floor Area: 95 sq meters or 1,022 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 March 2020 the House Price Index for THURROCK was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £338,500 results in an estimated price of approximately £410,719.
2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £338,500 | £72,219 | £410,719 |
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 | -27.269 % | £-92,304 | £246,195 |
3 Month Average | 4.190 % | £14,183 | £352,683 |
6 Month Average | 6.712 % | £22,719 | £361,219 |
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 |
4 Oct 2023 | £460,458 | £450,000 | 53 ORCHARD ROAD |
27 Apr 2023 | £453,482 | £445,000 | 6 OAKLANDS DRIVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 20 Jun 2019. Using an estimated price of £410,720 means this house is valued at £4,323 per sq meter (£401 per sq foot).
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 Araglen Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Araglen Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Araglen Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Araglen Avenue |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Araglen Avenue |